1307 PECAN STA, San Antonio, TX 78258
This beautifully updated 2-story home in the serene community of Champion Springs offers a perfect blend of modern amenities and natural surroundings, with a greenbelt providing a peaceful backdrop. With 99% of the interior updated, this home is ready for you to move in and enjoy. The first floor features new flooring installed in 2022 and a fresh coat of paint throughout, enhancing the warmth and style of the living spaces. The custom-built wood staircase is a striking focal point as you enter. The spacious living room, complete with a charming stone fireplace, invites relaxation and gatherings. The open island kitchen boasts stoned kitchen counter walls, a breakfast bar, and a cozy breakfast nook.. A dedicated home office offers a quiet space for work or study, making this home both functional and comfortable. Upstairs, the second floor offers a retreat-like experience with well-appointed bedrooms and a large loft area. This versatile space, equipped with a built-in speaker system and wiring for a projector and surround sound, is ideal for a media or game room. The primary suite is a true sanctuary, featuring an en suite bath with a spacious walk-in shower. Step outside to the expansive backyard, where a large covered patio overlooks the lush greenbelt and the new Stone Oak Park. The fully fenced yard, adorned with trees and bushes, ensures privacy and tranquility. An inground pool adds to the appeal, offering a refreshing escape during hot summer days. Don't miss the opportunity to make this your next home, book your personal tour today!
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: #1801805