12506 Prude Rnch, San Antonio, TX 78254
3 beds · 3 baths · 2,086 sqft sqft
Welcome to your dream home! This beautifully maintained 3-bedroom, 2-bathroom house, with a 2-car garage, is a rare find in today's market. Built in 2010, this 2,083 square foot residence boasts a blend of modern amenities and cozy charm. As you step inside, you'll be greeted by a mix of tile, wood, and carpet flooring, with new wood floors in the bedrooms adding a touch of elegance. The spacious living areas are perfect for both relaxation and entertaining. The kitchen is a chef's delight, featuring granite countertops, a large island with a sink, and an eat-in dining area that makes every meal a pleasure. With a brand-new microwave, dishwasher, and garbage disposal, plus a gas stove, the kitchen is as functional as it is stylish. The primary bedroom offers a serene retreat with its bay windows, walk-in closet, and a luxurious en-suite bathroom equipped with a garden tub and separate shower. The additional bedrooms are generously sized, with ample closet space. The guest bathroom includes a tub/shower combination and a single vanity, perfect for family or guests. One of the standout features of this home is the bonus room upstairs, which comes with its own thermostat, making it a versatile space for a home office, playroom, or additional guest room. Step outside to enjoy the fenced backyard, where a covered back porch and an extended wood deck provide the perfect setting for outdoor gatherings. The spare bedroom has a window unit, but rest assured, the A/C is in perfect working order. Additionally, the water softener and the TV in the child's bedroom will stay with the home. This home is truly a gem and is ready to welcome its next owners. Don't miss out on this incredible opportunity!
Source: SABOR #1803149
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1803149
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: #1803149
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.