24135 Seven Winds, San Antonio, TX 78258
4 beds · 4 baths · 3,939 sqft sqft
HUGE PRICE REDUCTION OVER $25,000!!! Assumable VA loan with a 2.75 interest rate!!! Everyone knows the beautiful custom built Connell Barron home that sits up high on your left as you enter the gated community of Mountain Lodge. This gorgeous home can now belong to you. It has 3,939 sqft of elegance & charm giving you all the space you need to entertain & make lasting memories with your family & friends. With 4 bedrooms & 3.5 baths spread out in this open floor plan with high ceilings, space will not be an issue. The dramatic dual staircase leads up to the 2nd floor landing where you will find a built-in desk & cabinets for extra storage. There is an additional built-in desk in the breakfast room. The gourmet style kitchen is a culinary dream with its large walk-in pantry, updated granite countertops, double oven & Viking range with additional 3rd oven valued at $8,300. The secluded master bedroom is located downstairs providing privacy from the rest of the house. The spa like master bath has a separate shower & garden tub as well as a large walk-in closet. Even the oversized laundry room will wow you. The addition of the huge covered back patio is where you will want to spend most of your time. Thinking about putting in a pool some day? Check out the pool plans included in the photos. This home really does have it all & is a must see for any family wanting to live in luxury. Schedule your showing today!
Source: SABOR #1728174
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1728174
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: #1728174
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.