1819 Lake Peipsi, San Antonio, TX 78251
5 beds · 4 baths · 3,576 sqft sqft
Welcome home to this beautiful and spacious David Weekly home located in Estonia! Mature trees and curb appeal invite you into wood and tile flooring with a formal dining area and entry room. Walk ahead to your gorgeous living area with soaring ceilings, gas log fireplace open to the breakfast area and granite island kitchen, complete with stainless steel appliances, plenty of counter and cabinet space, gas cooking and breakfast bar. Tucked away is your more than ample primary suite with an ensuite primary bath and large walk in closet! Head upstairs to find a very spacious game or loft area and four more large bedrooms, two adjoined with a Jack and Jill bath and one with a type of half Jack and Jill bath making it more of a guest suite. Head back down and check out the back yard with a huge covered patio, outdoor grill and shed. The neighborhood enjoys amenities such as a pool and park located literally right across the street! Conveniently located near shopping, military bases and in the Northside ISD. Schedule your showing today and make this beauty yours!!
Source: SABOR #1817180
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1817180
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: #1817180
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.