15847 Pleasant Well Dr, San Antonio, TX 78247
4 beds · 3 baths · 3,635 sqft sqft
Seller is Offering $10,000 in Seller Concessions. Gorgeous 2-Story, Luxurious Pool Home in Highly Desired Longs Creek Subdivision. This lovely 4 bedroom, 2.5 bath corner lot home sits on a .30 acres with mature trees, freshly mulched flower beds, an outdoor shed, a greenhouse, and a hot tub with an extended patio for your backyard BBQ's! Come enjoy the outdoors and grill out with friends or host a large gathering with your own firepit and sitting area for movie nights! This home is spectacular with its huge living room, family room, dining room and game room. The kitchen is a chef's dream with its custom cabinets and backsplash, marble tile floor, stainless steel appliances, spacious layout and huge custom vent hood. There's plenty of room for entertaining on the massive built-in buffet. This house is charming with its warm and inviting colors, beautiful laminate floors downstairs and spacious layout. Unwind upstairs in the massive game room or retreat to the primary suite for another impressive space. Schedule a showing today as this home will go quickly! Close proximity to major highways, shopping and NEISD Schools! Stop by our Open House on Saturday to see all that this stunning home has to offer! Showings start Saturday, July 20th!
Source: SABOR #1794147
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1794147
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #1794147