21011 Chestnut Cv, San Antonio, TX 78266
4 beds · 3 baths · 2,233 sqft
Get a free consultation call with an expert in the mortgage assumption process.
***LOW RATE ASSUMABLE MORTGAGE***Welcome to this beautiful 4 bed 3 bath home nestled in the gated community of Winding Oaks that feeds into the highly desirable North East Independent school District! The open plan living/dining area maximizes natural light and boasts rich looking solid wood floors which flows into sleek modern kitchen with ample cabinetry and quartz counters and breakfast island. A 4th bedroom also located on ground floor, which is currently in use as a childs playroom, has attached full bath, perfect for a guest suite. Upstairs the spacious premier bedroom with ensuite has walk-in-shower and double vanity with quartz counters. Laundry room is conveniently located next to bedrooms and an open loft area ideal for extra living or office space. This stylish home has many upgrades including gold look hardware, beautiful light fixtures and a water softener . To the rear the large yard features a covered patio and is not directly overlooked. This sought after neighborhood has a pool, park/play area and pavilion, it is conveniently located for schools, shopping and major highways. Come see this move-in ready property and make it yours!
Source: SABOR #1834048
Source: SABOR #1834048
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.