238 E Carolina St, San Antonio, TX 78210
3 beds · 2 baths · 1,572 sqft sqft
UrbanLiving Inside 410 - Nestled in the heart of historic Lavaca, this charming cottage, built in 1915, boasts the perfect blend of timeless character and modern convenience. From the moment you step onto the welcoming front porch, framed by planters and plenty of space to enjoy the fresh air, you'll be captivated by the home's classic appeal. Inside, the 3-bedroom, 2-bathroom residence exudes warmth and elegance, with long plank wood floors, a lovely fireplace, soaring 10-foot ceilings and a window seat with storage. The original windows, lovingly preserved, flood the home with natural light amplifying airiness, while the open floor plan offers a contemporary twist, ideal for modern living. The heart of the home is the chef's kitchen, designed with both beauty and function in mind. It features gas cooking, a spacious island breakfast bar, and ample counter space for culinary creativity. The master suite is split and a serene retreat, with a tub/shower combo, single vanity, and a walk-in closet. 2nd bedroom is currently shown as a dining room with a duckbill chandelier and has a closet, while 3rd bedroom has a Murphy bed. Step outside to the sweet, manicured backyard, where a terrace deck invites you to relax and unwind. Whether you're enjoying a quiet evening at home or entertaining guests, this outdoor space is a true extension of the living area. Located within walking distance of San Antonio's finest restaurants and bars, the San Antonio River, downtown, and Civic Park This historic gem offers the best of urban living with the charm and character of a bygone era. Don't miss the opportunity to own a piece of Lavaca's rich architectural heritage. Assumable VA Loan-Low Interest Rate.
Source: SABOR #1799967
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1799967
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: #1799967
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.