24718 Las Pilas, San Antonio, TX 78261
4 beds · 2 baths · 2,010 sqft
VA Assumable at 2.25 interest rate! Welcome to your dream home nestled in the prestigious Cibolo Canyons/Monteverde community, right next to the TPC golf course, host of the PGA tournaments. This stunning 4-bedroom, 2 full-bath residence offers an unbeatable combination of modern elegance, comfort, and convenience. Enjoy the grandeur of high ceilings and an open-concept layout, perfect for entertaining and everyday living. Enter the Texas oversized deck by entering through the French doors, where you can relax and take in the tranquil greenbelt views. Enjoy the Trex composite decking and black aluminum railing that will help to keep things cool during the warm summers. Thoughtfully designed custom lighting both inside and outside highlights the exquisite features of this home. All the carpet was removed and replaced with durable and stylish ceramic flooring that flows throughout the home. The kitchen and bathrooms are adorned with quartz countertops, adding a touch of luxury. The main bedroom boasts a beautifully designed ensuite with gorgeous finishes, creating your own private oasis. Additional cabinets have been installed above the washer and dryer for extra storage. The garage features an epoxy finish for a polished and durable look. A high-quality water softener was installed when the home was completed, ensuring better water quality throughout. This home offers easy access to a variety of amenities, including: Shops and restaurants, scenic trails for walking and biking, the world-class TPC golf course and clubhouse and so much more. Whether you're relaxing on the deck, enjoying the sophisticated interior design, or taking advantage of the vibrant community, this home is perfect for those who seek luxury and convenience in one package. Don't miss this opportunity to own a piece of paradise in Cibolo Canyons/Monteverde. Schedule your showing today!
Source: SABOR #1851940
Financials
Source: SABOR #1851940
Source: Public records
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%. 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.
Other resourcesWhat 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.