15935 SAN CAYETANO, Helotes, TX 78023
This beautifully renovated custom-built Hill Country estate rests on over 4 serene acres, surrounded by stately oak trees that offer unmatched privacy and tranquility. The spacious primary suite opens directly to a secluded patio, while the living room captivates with its one-of-a-kind stone fireplace and rustic wood beam ceilings. The newly remodeled kitchen is a chef's delight, featuring top-tier stainless steel appliances, elegant granite countertops, and abundant cabinetry for maximum storage. A large pantry leads to a spacious laundry room, now equipped with a brand new convenient dog bath. The primary bathroom has been completely transformed into a luxurious retreat, boasting a beautiful clawfoot bathtub, a spacious walk-in shower, a dual vanity, and a separate vanity area perfect for getting ready in style. All upstairs bathrooms have also been fully renovated with premium materials and modern finishes. One of the upstairs bedrooms even features a hidden playroom, offering a unique space for children to explore. Step outside to your private backyard oasis, where a brand-new pool with a heater/chiller is surrounded by lush, professionally designed landscaping. The expansive covered porch is perfect for entertaining or relaxing in nature. The property also includes a custom-built chicken coop and a designated area for goats or other animals, making it ideal for embracing country living. Additional highlights include brand-new Andersen windows, solar panels, plush new carpet in the theater room, fresh paint throughout, a new A/C system, and a state-of-the-art hybrid water heater. **See full list of upgrades in documents - call listing agent for more details**
You may be able to put down less than the total down payment amount of $286,506 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: #1806146