11361 Moonsail, Helotes, TX 78023
3 beds · 2 baths · 2,167 sqft
Assumable loan at 2.875%! Nestled on a serene, treed corner lot with a breathtaking view of the scenic Government State Natural Area right across the street, this home offers a perfect balance of privacy and natural beauty. Enjoy easy access to trails and canyon views while being just moments from modern conveniences. The home's exterior boasts durable brick and a stylish metal roof, welcoming you into an open, flowing floor plan. Step into the inviting living room, where vaulted ceilings with wood beam accents and a stunning floor-to-ceiling brick fireplace create a warm, inviting charm. Enjoy beautiful built-ins and rich wood flooring flowing seamlessly through all main living areas and bedrooms, adding timeless appeal. A formal dining room with a striking pendant chandelier sits adjacent to a wet bar, perfect for entertaining. The U-shaped kitchen, equipped with stainless-steel appliances, a smooth cooktop, and a built-in oven and microwave, features a reverse osmosis system and is complemented by a cozy breakfast area with access to a spacious covered patio. The primary suite is a welcoming retreat with a large bay-style window, outside access, and an en-suite bathroom with double vanities, ample storage, a walk-in closet, and a frameless step-in shower. Two secondary bedrooms, each with ceiling fans and recessed lighting, provide comfortable space for everyone. A secondary bath with an elongated vanity and shower/tub combo, along with a laundry room offering storage cabinets, a water softener, and room for a second fridge, complete the home. Savor your morning coffee from the recently updated porch as you watch the variety of birds in the Spring. Enjoy riding your ATV or golf cart. The neighborhood amenities include a pool, clubhouse playground and sports courts. Experience hill country ambiance with the convenience of nearby shopping, dining options and golfing - this property truly has it all!
Source: SABOR #1820040
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1820040
Source: Public records
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: #1820040
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.