21114 Chestnut Cv, San Antonio, TX 78266
4 beds · 3 baths · 2,360 sqft
Need five bedrooms? This flexible floor plan is worth exploring. In Winding Oaks, residents enjoy fantastic amenities, including a gated entrance, pool, park, and playground. Upon entry, you'll be greeted by luxury vinyl plank flooring in all social areas for easy maintenance. Custom blinds add elegance and light control; while soaring 10-foot ceilings enhance the sense of space. A sleek horizontal stair railing maximizes natural light flow. Situated on a desirable corner lot with no rear neighbors, this home offers added privacy, plus a covered patio and landscaped yard for outdoor enjoyment. This home's chef's kitchen features quartz countertops, two-tone cabinetry, an upscale subway tile backsplash, and a gas range. The spacious kitchen island provides ample prep space, while the open-concept design flows seamlessly into the bright and airy family room-ideal for entertaining. The downstairs primary suite is a private retreat with a spa-like walk-in shower, dual vanities, and a generous walk-in closet. Chesmar Homes is renowned for building high-quality, stylish, and thoughtfully designed homes in sought-after communities. Located in the highly rated NEISD school district, this home feeds into Roan Forest Elementary, Tex Hill Middle School, and Johnson High School. Aggressively priced to sell!
Source: SABOR #1848861
Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Have questions? Email support@withroam.com
Source: Public records
Source: SABOR #1848861
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.