12304 Claiborne, San Antonio, TX 78252
4 beds · 2 baths · 1,793 sqft sqft
BEAUTIFUL HOME!! This charming one-story, 4 bed, 2 bath residence offers comfort and convenience nestled in the coveted Lucky Ranch subdivision. Step inside to discover an inviting interior featuring a spacious living area with abundant natural light and tile and vinyl flooring throughout. The open-concept layout boasts a gourmet dine-in kitchen with modern stainless-steel appliances, boasts granite counter tops with high bar seating making it perfect for relaxation and entertaining. The highlight of this home is that it sits in a corner lot and includes a refrigerator, water softener, and energy efficient window screens making your moving a breeze. In addition, the spacious 4th bedroom, equipped with glass double doors, can be easily converted to be an office or game/media room if desired. Step outside to enjoy a gorgeous backyard where you'll find a brick patio surrounded by trees which includes your very own pomegranate tree. The professionally landscaped yard offers privacy and tranquility, making it an ideal retreat from the hustle and bustle of work life. Additional highlights include, a vast number of upgrades (see attached list), a two-car garage, and a peaceful neighborhood setting. Home is move-in ready with easy access to major highways, NISD schools, while being minutes from Shopping, Entertainment, Sea World, Lackland AFB and so much more. Rare find, schedule your showing today for the opportunity to make this unique property your new home!
Source: SABOR #1794913
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1794913
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: #1794913
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.