1260 Carl Gln, New Braunfels, TX 78130
4 beds · 3 baths · 2,831 sqft
Get a free consultation call with an expert in the mortgage assumption process.
This beautiful energy-efficient home has plenty of space for your entire family! The kitchen is big enough for entertaining guest for those special occasions and comes equipped with elegant quartz countertops and plenty of cabinet and storage space. The living room has been upgraded with a custom media wall that gives it that extra special feel of home sweet home. Large primary bedroom with bay window and large closet located downstairs. Two ADDITIONAL office/flex rooms and one upstairs game room/loft. All other bedrooms and restroom are located upstairs. Large walk-in laundry room downstairs. Two car garage with additional storage space inside the garage. Extended driveway so you can park your vehicles comfortably. The patio slab has been custom made to provide additional entertainment/outdoor grilling space. This home is located in the Meyers Landing community just minutes away from shopping centers (HEB, Target, HomeGoods and more!), entertainment, restaurants and access to I-35, Hwy 46 and Hwy 123. Ask your Realtor about all the additional inclusions/exclusions with purchase of home! (VA assumable loan interest rate of 2.25 for qualifying veteran/military buyer) Seller is also providing additional concessions to help with closing! Seller encouraging all interested buyers to send in their offer! All reasonable offers will be presented with a quick response! You'll never know unless you submit an offer!
Source: SABOR #1844041
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: SABOR #1844041
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.