12806 MOOSE CIR, San Antonio, TX 78254
**ASSUMABLE LOAN at SUPER LOW 2.75% VA INTEREST RATE*** Close to schools, shopping, and Lackland AFB! Ideal for those eligible, this property offers an assumable VA mortgage rate, providing significant savings. Welcome to this immaculate home nestled in a serene neighborhood, boasting modern amenities and thoughtful upgrades. This charming residence offers a perfect blend of comfort, style, and functionality. This energy-efficient home offers the ultimate experience in modern living. Impeccably maintained interior with attention to detail throughout. Spacious living areas flooded with natural light, perfect for relaxing or entertaining guests. Experience the convenience of the San Saba's gourmet kitchen seamlessly integrated into an open layout, perfect for keeping the family connected during meal preparation. Also equipped with gas cooking and ample cabinet space. Enjoy the luxury of a deluxe owner's suite upgraded with bay window and a private bath for added convenience and privacy. Secondary bedrooms, never lived in, offering fresh and pristine spaces ready to be personalized. Office space upgraded with glass french doors, providing a tranquil setting for work or study. Covered patio ideal for outdoor dining and relaxation, overlooking a beautifully landscaped backyard. Full irrigation system ensuring lush greenery year-round. Sprinkler system for easy maintenance of the lawn and garden. Pre-plumbed for water softener, enhancing water quality and prolonging appliance life. Washer, dryer, and refrigerator included for added convenience. Convenient access to nearby schools, parks, shopping centers, etc. Easy commute to major highways, public transportation, etc. Nestled in Prescott Oaks, conveniently situated just west of Loop 1604 on Galm Rd within the esteemed Northside Independent School District. Renowned for their energy-efficient features, our homes provide a healthier, quieter lifestyle while delivering substantial savings on utility costs. Don't miss the opportunity to make this exceptional home yours! Schedule your showing today.
You may be able to put down less than the total down payment amount of $92,066 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #1760667