2382 Geneseo Oaks, New Braunfels, TX 78132
4 beds · 4 baths · 3,353 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Previous buyers got cold feet. Clean inspection report available upon request. Located on a large 1.42-acre lot in the sought after Preserve of Mission Valley Estates gated community, this 2019 Rialto built home is clean and move in ready! 3353 sq ft - 4 bedrooms, 3.5 bathrooms, 3 car garage, metal roof - amazing open floor plan-custom upgrades and finishes - this house is a must see! The gourmet kitchen is the heart of the home and is open to the large living room and dining room. The upgraded kitchen includes under cabinet lighting, an abundance of counter space, beautiful granite countertops, an expansive island with seating, and upgraded cabinets with tons of storage for all your gadgets. The cook of the family will enjoy the 5-burner gas cooktop as well as the built-in oven and microwave. The kitchen also features a large walk-in pantry and a spacious breakfast area. The home features two living areas - the main family room is very spacious and features a beautiful high vaulted ceiling with wooden beams, a stone, floor to ceiling gas fireplace, and a wall of windows that looks out to the expansive, Hill Country backyard; the second living space is upstairs - the 530 sq ft bonus area includes built in book shelves, a closet and a half bathroom. If needed, the space could easily be a 5th bedroom. The primary bedroom boasts a vaulted ceiling and more large windows overlooking the backyard. The ensuite bathroom with separate vanities, large mirrors, jetted garden tub, and large shower will not disappoint nor will the "his and her" walk-in closets. The 3 secondary bedrooms have walk-in closets and easy access to two full bathrooms. The 3-car garage will hold your vehicles and all your toys! As you enter the home from the garage, there is a conveniently located, oversized laundry room with space for a drop zone as well as a custom hanging space, cabinets above the washer and dryer, a dedicated folding area, outlets and space for an additional fridge and chest freezer, plus a broom closet. Relax outside on the very large, covered patio which has two ceiling fans and a sunshade. The backyard is fenced and features mature trees, a flagstone firepit area, and plenty of space for play and a future pool. Built next to the covered patio, there is an uncovered patio plumbed and wired to support the spa of your choice. Book your showing today to view this amazing, quiet, and peaceful property. Located within the highly rated NBISD schools, easy and convenient access to local dining and shopping as well as major highways for commuting. Motivated Seller.
Source: SABOR #1852830
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: SABOR #1852830
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.
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.