1620 Sun Ledge Way, New Braunfels, TX 78130
4 beds · 2 baths · 1,972 sqft sqft
This stunning New Braunfels one-story is ready for you to call it home sweet home! This 4 bedroom, 2 bath home has an entertainer's backyard with covered patio, deck, and workshop/storage building. The automatic sprinkler system helps support a front and back yard with multiple trees. You have a huge eat-in kitchen with granite countertops, tons of 42" cabinets for storage, island/breakfast bar, and updated fixtures and lighting. The kitchen opens to the large family room, dining room, laundry room (storage/pantry shelving), and also a walk-in pantry. The raised ceilings throughout the kitchen and large family room really complement the oversized baseboards and 2" faux wood blinds found throughout the house. This home has plenty of large windows that lend well to natural lighting. The primary suite features a tray ceiling and the large primary bath has a double vanity, tiled walk-in shower and garden tub. In addition to all that, there is an oversized walk-in closet with generous shelving. There are 3 additional bedrooms, split from the primary bedroom, that all have raised ceilings and generous walk-in closets. It is pre-plumbed for a water softener system and pre-wired for a security system. You're located in close proximity to IH-35 dining and shopping and right between San Antonio and Austin. The beautiful custom touches throughout this home will make it the oasis you can't wait to come home to for years to come. Sungate subdivision in New Braunfels ISD has NO HOA so this one won't last long. Come see it today!
Source: CENTRALTEXAS #535916
Interest rate and monthly payment estimated based on public records.
Source: CENTRALTEXAS #535916
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: #535916
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.