109 GRAND VIS, Cibolo, TX 78108
Welcome to this move-in ready gem nestled in the sought-after Cibolo Vista community! This stunning two-story home offers an inviting blend of elegance and comfort, featuring tile flooring throughout the main living areas and accented by crown molding and high ceilings. The spacious kitchen is a chef's dream, with granite countertops, a large island, a pantry, and plenty of prep space and storage. It seamlessly overlooks the living room, making it perfect for entertaining. Additionally, the main floor boasts a dedicated office space and a separate dining room for more formal gatherings. The primary bedroom is conveniently located on the main level, offering privacy and comfort. It features an en suite with dual vanities, a walk-in shower, and a generous walk-in closet. Upstairs, you'll find a spacious family room, a bonus room perfect for a media space or play area, and three well-sized bedrooms accompanied by two full baths. Step outside to the backyard, where you can relax under the covered patio with a ceiling fan, ideal for enjoying warm Texas evenings. The backyard is fully fenced, providing a private retreat. As part of the vibrant Cibolo Vista community, you'll have access to fantastic amenities, including a pool and playground area, perfect for families and outdoor fun. Welcome Home! ***Seller offering a $1500 concession towards a full deep clean of the home with an accepted offer***. Click the Virtual Tour link to view the 3D walkthrough. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.
You may be able to put down less than the total down payment amount of $98,775 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #1804872
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.