1050 Amble Oak, Seguin, TX 78155
4 beds · 2 baths · 1,830 sqft sqft
This home qualifies for an FHA Assumable loan program with an interest rate of 2.99%! Welcome to 1050 Amble Oak, where modern comfort meets convenience in this charming 4-bedroom, 2-bathroom home. Nestled in a tranquil gas community, this residence offers a harmonious blend of contemporary design and practical living. Step inside to discover an inviting open floor plan that effortlessly integrates the living, dining, and kitchen areas, perfect for both entertaining guests and everyday family life. The heart of the home, the kitchen, boasts sleek appliances, ample cabinetry, and a spacious island, making meal preparation a breeze. Retreat to the main bedroom oasis featuring a generously sized walk-in closet, providing plenty of storage space for your wardrobe essentials. The ensuite bathroom is a luxurious sanctuary, featuring a double vanity, offering convenience and style. Step outside onto the covered patio, where you can unwind and enjoy the serene surroundings, whether it's sipping your morning coffee or hosting a barbecue with friends and family. Built just three years ago, this home exudes modern elegance and is meticulously maintained, ensuring a move-in-ready experience for its new owners. Don't miss your chance to make 1050 Amble Oak your forever home - schedule a viewing today and experience the epitome of contemporary living!
Source: SABOR #1786256
Source: SABOR #1786256
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #1786256
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.