27325 Pollock Pl, San Antonio, TX 78260
4 beds · 4 baths · 2,921 sqft
This stunning two-story home is located in the prestigious Preserve of Sterling Ridge community in Timberwood Park, offering residents a peaceful retreat from the bustle of city life. Boasting 4 spacious bedrooms, 3.5 luxurious bathrooms, a gameroom, office, and a media room, this property offers plenty of space for loved ones and professionals alike. The owner's suite is located on the first floor, complete with a private bathroom and a huge walk-in closet with bay windows. Upgraded features throughout the home include stainless steel appliances, a cozy fireplace with wood shelf and stone surround, and soaring 18-foot ceilings in the living room. Outside, the property is beautifully landscaped and comes complete with an irrigation system, ensuring that the lush greenery is always looking its best. The home's updated front door provides an inviting entrance, while the screened-in porch offers a perfect spot to enjoy the fresh air while staying protected from the elements. Other features of this home include ceiling fans, solar tint on most windows to provide energy efficiency, and an insulated garage door to keep the temperature comfortable. Located in the highly sought-after Comal County school district, this property offers the perfect combination of luxury and practicality in a serene natural setting.
Source: SABOR #1849565
Source: SABOR #1849565
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.