2523 Golden Rain, San Antonio, TX 78245
4 beds · 3 baths · 2,587 sqft sqft
OPEN HOUSE SAT, 10/19/24 FROM 10-1PM - SUPER LOW 2.875% VA ASSUMABLE LOAN! MUST SEE!! Indulge in the epitome of luxury living in this, like new, 2 story home located in the popular, Ladera North Ridge Neighborhood. This sleek and stylish 4 bed, 2.5 bath, 2,587 sf residence is a testament to refined elegance and meticulous design. Upon entering, this open concept, the living/kitchen welcomes you with stylish tile floors and tall ceilings. The gourmet kitchen is a chef's dream, boasting a large, upgraded granite island/breakfast bar and countertops, popular subway tiled backsplash, sufficient cabinet and drawer space, stainless steel appliances including gas stove/oven, microwave, dishwasher, double sinks, walk-in pantry w/great storage and automatic light. All the bedrooms are upstairs with a large game room to accommodate all your entertainment needs. The Primary Suite is spacious and has a large, stunning spa-like bathroom, with a garden soaker tub, walk-in shower, double vanities and generous walk-in closet with stylish chandelier, custom shelving and auto censored light. The laundry/utility room is conveniently located next to the bedrooms and hall bathroom with shower/bath combo, and long vanity with under cabinet space. The secondary bedrooms are plentiful in size. All the bedrooms and the dining room have gently worn, newly shampooed carpet in a neutral color. Lots of great natural light, with High End, Custom Window Shades throughout however, in the Dining Rm, Family Room, Breakfast Area, Game Room, Primary Bedroom and Primary Bathroom those shades are MOTORIZED REMOTE CONTROLLED. As if this were not enough, from the bright and airy family room transition to a relaxing haven after those long days to your custom built screened in porch/sun room with ceiling fan, and custom shades to block the evening sun or, extend the party onto your custom built, freshly stained, partially covered 16x12 deck with outside light and sun shades. If it is additional storage you need, enjoy the like new, 8X8 storage shed in the back yard and a 2 car garage, freshly painted, with automatic remote controlled garage doors, custom epoxy floors and additional, attached storage units to maintain a nice and tidy garage. Tankless water heater, whole house Water Filtration and Softener System (Owned), and UV Air Cleaning System has been directly installed in the HVAC ductwork to remove bacteria, viruses and allergens from the air. Completing this exceptional residence is a beautifully manicured lawn, hardy native plants, lovely Oak Tree with underground sprinklers. Every detail of this home enhances both style and functionality and is designed for those who appreciate both indoor and outdoor luxury. Why Build or buy elsewhere when you can have TONS of Upgrades and Extras already included with this Deeply Discounted Price!! This prime location near Hwy 211 and 1604 ensures easy access to shopping, entertainment, restaurants and more. Do NOT hesitate, book your showings today!!
Source: SABOR #1770191
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1770191
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: #1770191
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.