1513 VISTA DEL MONTE, San Antonio, TX 78216
OPEN HOUSE August 17th 1:00-4:00pm Beautiful custom 3/2/2 home on oak tree covered lot in GREAT LOCATION on Blanco between Wurzbach parkway and 1604 in highly sought after well-established Vista Del Norte community! Great schools, shopping, and restaurants nearby. Enter the double front doors into the spacious living room with HIGH ceilings and large windows overlooking the covered veranda and beautiful backyard with towering oak tree. Wide open living room features built-ins on both sides of the cozy gas fireplace, hard flooring throughout home except for the two carpeted guest rooms. Enjoy family dinners in the formal dining room which can also be used as an office or library. Primary master bedroom is spacious with private access to outside covered veranda, master bath is large with double vanities, whirlpool tub, separate shower and walk in closet. Current owner put new flooring in ensuite, and remainder is ready for personal touches from new owners. Huge Texas sized kitchen and breakfast area with wall of windows overlooking backyard which brings plenty of natural light into the kitchen. Loads of cabinet space throughout including a wet bar overlooking the living room, pantry, and HUGE laundry room with additional storage leading into the double garage. Home also features a water softener, and sprinkler system to keep the mature landscaping beautifully maintained.
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: #1765096