153 W Magnolia Cir, La Vernia, TX 78121
4 beds · 3 baths · 2,632 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Are you ready to elevate your lifestyle? Discover this stunning residence in the coveted gated community of Woodbridge Farms, where exceptional living meets ultimate convenience. This exquisite property isn't just a home; it's a lifestyle waiting to be embraced! Pull into your rare four-car garage and appreciate the abundance of parking space, complete with a dedicated parking pad designed for loading and unloading your RV-perfect for welcoming vacationing family and friends with a convenient 50 amp hookup. Adventure seekers will find the possibilities are endless for weekend getaways! Crafted to perfection by the esteemed D&D Custom Homes, this magnificent residence boasts four spacious bedrooms and three full baths, ensuring ample space for your family to thrive. The thoughtfully designed fourth bedroom, located upstairs, features its own private bathroom-ideal for a teenager craving independence, a serene man cave to unwind, or an inspiring crafts studio awash with natural light. As you step inside, you'll be captivated by the kitchen, a true culinary delight. Adorned with a striking backsplash, upgraded cabinets, and luxurious countertops, this chef's paradise seamlessly opens into a cozy living area. An inviting electric fireplace sets the mood for relaxation, while a low-maintenance aquarium adds an enchanting touch of tranquility to your everyday life. For our military families, this location is a dream come true! Enjoy quick access to Fort Sam and Randolph AFB, making your daily commute a breeze. Venture outside to discover your own impressive Texas-sized covered back patio-a true entertainer's paradise! Perfectly designed for unwinding or hosting gatherings, this outdoor oasis is equipped with hook-ups for a hot tub and roller shades for enhanced privacy. Plus, the family-friendly community features a playground and splash pad, perfect for endless summer fun! Don't let this opportunity slip away! Dive into our stunning images, but remember, nothing compares to experiencing this magnificent home in person. Schedule your private tour today and take the first step towards making your dream home a reality. Your perfect sanctuary is waiting for you in Woodbridge Farms!
Source: SABOR #1819269
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 #1819269
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 of Equal Opportunity Act.