18615 Redriver Trl, San Antonio, TX 78259
4 beds · 3 baths · 2,546 sqft sqft
Nestled on a quiet cul-de-sac in a peaceful neighborhood, this charming 4-bedroom, 2.5-bathroom home welcomes you with warmth and comfort. Sitting on a generous, spacious sized lot, it offers a perfect blend of timeless appeal and modern conveniences. The heart of the home is the kitchen, featuring beautiful quartz countertops that provide both style and functionality, perfect for preparing meals and gathering with loved ones. Throughout the home, all the carpet has been recently replaced, ensuring a fresh, updated feel. The spacious master suite, complete with his and hers vanities and walk-in closets, provides a serene retreat where you can unwind at the end of the day. A sunroom, currently serving as both a workout space and office, offers endless possibilities to make it your own. For added convenience, the custom laundry room comes with built-in cabinetry and a thoughtfully designed dog kennel, ideal for busy households. Step outside, and you'll find your own private oasis. The sparkling inground pool is perfect for cooling off on warm afternoons, while the back patio invites you to relax and take in the beautiful surroundings. Imagine enjoying peaceful evenings, sipping a cool drink as the sun sets, or gathering with friends and family in this tranquil outdoor space. The backyard also features a dog run for your pets to play and a handy storage shed for all your tools and equipment. With a refrigerator included to make your move-in seamless, this home offers everything you need to create lasting memories. Come see for yourself and experience the charm, comfort, and modern updates this home has to offer!
Source: SABOR #1805329
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1805329
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: #1805329
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.