11915 Tokyo, San Antonio, TX 78230
3 beds · 3 baths · 2,857 sqft
Lovely curb appeal and situated on a cul-de-sac in a small, gated community. This beauty is fully appointed and ideal for a buyer desiring spacious rooms and numerous flex spaces. The welcoming front porch leads you into an open concept plan that is immaculate and move-in ready. The lovely open kitchen features abundant storage, neutral cabinets, gas cooking, double ovens, full spectrum of stainless appliances (including a never-used refrigerator), oversized breakfast bar and granite counter tops. Lots of storage is always a plus! The primary bedroom is accented by an adjacent sitting room which is only limited in use by your imagination.... office, workout area, hobby space or nursery. The owner's bath features a separate shower, double vanities, garden tub and walk-in closet. The 2 secondary bedrooms are well-sized with walk-in closets. The huge game room features a storage closet and can even be divided to create a 4th bedroom... still leaving space for a good-sized flex space. This modern home is totally appointed: water softener (2024), energy efficient HVAC (2022), sprinkler system, water heater (2022), roof with ridge vents (2016), window treatments to include blinds and curtains plus exterior gutters. A Vivent 'smart' system includes 2 exterior cameras, garage door open/close sensor, window sensors, doorbell and home alarm. Mature trees in the backyard provide nice privacy and shade. The covered patio features sunscreens plus there is additional open patio space as well. Within minutes from the 330-acre Hardberger Park with nature center, outdoor classrooms, dog parks, play areas, and trails for walking, hiking, and biking. Cross the amazing Land Bridge to access more than 20 miles along the Salado Creek Greenway. Private access via interior community gate to adjacent HEB grocery and other restaurants/shopping in Alon Center. $5,000 credit to buy down mortgage rate or to cover part of buyer's closing costs.
Source: SABOR #1840632
All values shown are estimated costs / mo.
Source: Public records
Source: SABOR #1840632
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 of Equal Opportunity Act.