** OPEN HOUSE DEC 06, 10-2 AND DEC 07, 1-3PM ** Your Dream Home Awaits on the Far Northwest Side! Welcome home to modern living just outside the 1604 loop in the highly sought-after Shaenfield area of San Antonio! This is more than just a house-it's a turnkey opportunity boasting nearly $15,000 in recent interior upgrades and major systems improvements, offering you peace of mind and stylish comfort from day one. Step inside to a home that feels brand new! Between 2021 and 2022, the interior received a stunning, cohesive refresh: Thoughtful Layout: This home is designed for modern living with three full bathrooms for ultimate convenience. The first floor features a private guest bedroom with a dedicated full bathroom nearby-perfect for visitors or a home office. Upstairs, you'll find three additional bedrooms, including the serene Primary Suite with its spacious walk-in closet. Even better, the laundry room is conveniently located upstairs with the bedrooms, making laundry day a breeze! Stylish Flooring: New, continuous laminate flooring flows throughout the living areas, creating a clean, modern aesthetic. Kitchen Refresh: Enjoy brand-new laminate countertops, a spacious, oversized kitchen sink with a pull-down faucet, and a top-of-the-line Bosch Dishwasher (Sep 2024). The refridgerator and range/stove are also included to make your move-in seamless. Designer Touches: All vanities, fixtures, ceiling fans, doorknobs, and hinges have been updated to provide a polished, unified look. Immediate Cleanliness: The entire house has just received a professional carpet cleaning (Nov 29, 2025), ensuring a fresh start for the new owners. Unbeatable Mechanical Upgrades & Warranties. Worry less and live more! This home has been meticulously maintained with recent, significant investments in major systems: New AC System (June 2024): Stay cool and breathe easy with a brand-new, upgraded 4-ton Trane AC unit (both inside and outside). This system includes an extra intake vent, three new vents/ducts upstairs, and a Dual UV Bulb System designed to reduce odors, mold, viruses, and bacteria from the indoor air. The system also received a complete service in September 2025. New Roof & Gutters (January 2024): Protect your investment with a recently replaced roof, including an additional attic vent for enhanced ventilation. Additional Improvements: A new water heater was installed in 2023, and the garbage disposal was upgraded in 2022. Outdoor Living & Flexible Options. The backyard offers convenience and relaxation: Storage & Utility: A newly installed shed and concrete slab (approx. 2022) provide excellent outdoor storage. The shed also features solar lights making it a highly functional space! Pool Opportunity: The existing pool can convey with the house, including a pool robot, all chemicals, hoses, and maintenance tools. Alternatively, if you prefer a traditional yard, the sellers are happy to remove the pool and offer a small concession towards laying new grass in the backyard.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
