1158 Bluff Frst, San Antonio, TX 78248
4 beds · 3 baths · 2,702 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this beautifully maintained and fully upgraded 4 bedroom, 3 bath home nestled in the desirable gated Blanco Bluffs community. Spanning 2,702 square feet, this spacious residence blends function with modern updates-perfect for comfortable living and stylish entertaining. Step inside to be greeted by soaring high ceilings and gleaming Brazilian cherrywood floors that flow throughout the main living area. The heart of the home is the fully updated kitchen, featuring quartz and quartzite countertops, oversized Blanco sink, under mount LED lighting, gas stove, pot filler and ample cabinets -ideal for both everyday living and hosting guests. Retreat to the luxurious master suite, complete with a fully renovated spa-like bath that offers a peaceful escape at the end of the day. With two master closets, private commode and an Elpha Closet system in the smaller master closet, the master suite has it all! The downstairs secondary bedroom can also be used as an office or a nursery, giving it convenience and flexibility for the homeowner. Upstairs boasts a full living area, a full bath and two bedrooms that make it perfect for family and friends to enjoy. The backyard features a large screened in porch, a storage shed, newer fencing and an irrigation system. The garage is wired for a 220v EV charger and has a water softener system, making life easier! The Blanco Bluffs neighborhood is exceptionally located within minutes to HEB, Whole Foods, Trader Joe's, Lowe's and a multitude of restaurants. This location is one of the best areas in San Antonio, with quick access to Loop 1604 and 281 as well as top rated Northeast Schools, don't miss your chance to call this place home!
Source: SABOR #1860873
All values shown are estimated costs / mo.
Source: Public records
Source: SABOR #1860873
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.