116 Seth Raynor Dr, New Braunfels, TX 78130
3 beds · 3 baths · 1,821 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to 116 Seth Raynor Place, an extraordinary residence in the Bandit Golf Course community. This exquisite home boasts a prime location backing up to the 12th hole, providing you with immediate access to the fairways. Imagine waking up to the serene sounds of nature and enjoying your morning coffee on the spacious patio as you watch the sun rise over the beautifully manicured greens. This stunning property offers a blend of luxury and comfort, featuring modern amenities. The open floor plan connects the living area, kitchen, and dining room, making it perfect for both everyday living and entertaining. Large windows flood the space with natural light. Beyond the golf course, residents will enjoy exclusive access to Lake McQueeney, ideal for boating, fishing, and water sports. Amenities also include a pavilion and fire pit along the water. Whether you are an avid golfer, a water enthusiast, or simply seeking a tranquil retreat, this home offers the best of both worlds.
Source: HAR #32393547
Source: HAR #32393547
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.