13102 SANDLOT WAY, San Antonio, TX 78254
This exceptional 4-bedroom, 3.5-bathroom residence offers over 3,000 square feet of luxurious living space on the largest lot in the neighborhood. As you enter, you'll be greeted by an open-concept design with soaring ceilings and an abundance of windows, allowing natural light to flood the home. The heart of the home features a spacious kitchen with top-of-the line appliances that seamlessly flows into the expansive living and dining areas, making it perfect for both entertaining and everyday living. A dedicated office/study provides a quiet retreat for work or reading, while the versatile game room and media room offer endless possibilities for fun and leisure. The master suite is a private oasis, with a luxurious en-suite bath, providing a perfect escape at the end of the day. Additional bedrooms are generously sized, offering comfort and privacy for family and guests. Upgrades include a state-of-the-art water softener and reverse osmosis, a whole-house gas generator ensuring you're never left in the dark, and new plush carpeting throughout the home. The three-car garage with epoxy flooring provides ample space for vehicles and storage and the large Texas size backyard is ideal for outdoor activities and gatherings. Don't miss the opportunity to own this remarkable home that combines style, space, and modern conveniences in a sought-after location. Schedule your tour today to experience all that this incredible property has to offer! Assumable VA loan with rate of 2.75, with eligibility. ***OPEN HOUSE Saturday Sept.21st from 11-2pm***
You may be able to put down less than the total down payment amount of $64,451 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: #1808326