VA loan
1 of 28
VA loan
$287,000

2929 Greenbriar, Seguin, TX 78155

3 beds · 2 baths · 1,636 sqft

Welcome to this charming one-story home with great curb appeal, featuring an eye-catching modern front door, four peaks in the roofline, and stylish shutters on the front window. This open, split floorplan offers two secondary bedrooms, and a full bath conveniently located off the entry. The living and dining area boasts a high ceiling, recessed lighting, and beautiful laminate wood-look flooring that flows effortlessly throughout the main living spaces. Enjoy a cozy box window seat in the dining area and a wall of windows in the living room that opens to the covered patio and backyard, providing abundant natural light and outdoor access. The island kitchen is a dream, featuring granite countertops, 42-inch cabinets, stainless steel appliances, including a built-in microwave and smooth surface range, and a corner pantry for ample storage. The spacious primary bedroom offers a high ceiling, fan, and a stunning bay-style window with a backyard view. The en-suite bathroom includes a walk-in shower, double vanity, and a spacious walk-in closet. The laundry room is conveniently located near the owner's suite. Additional conveniences include a generous covered patio for outdoor entertaining, a sprinkler system, water softener, upgraded showerheads, upgraded hardware on all cabinets, and a beautifully stained fence. The neighborhood offers fantastic amenities like a swimming pool, walking trails, and a park, with the added benefit of being close to New Braunfels for shopping and fun. Don't miss this well-appointed, move-in-ready home!

Interest rate 3
5.55%
With Roam
7%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$1,421
With Roam
$1,644
Reduce your monthly payments by $223 when you assume this mortgage.
You also save $74,548 in total interest paid.

$45,460
Edit

You may be able to put down less than the total down payment amount of $45,460 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.
Location
Details
Home
Lot size
0.14 acres
Year built
2022
Type
Single Family Residence

Source: SABOR #1810872

Loan
Remaining term
27 years, 10 months
Rate
5.55%
Monthly P&I
$1,421
Remaining loan balance
$241,539

Source: Public records

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

expand content

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.

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Last updated: Dec 03, 2024 12:26 pm
Listing agent: Melissa Stagers (210) 274-8753
Listing provided courtesy of: M. Stagers Realty Partners (210) 305-5665
Details provided by SABOR and may not match the public record.
MLS ID: #1810872
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the San Antonio Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Everystate, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 San Antonio Board of REALTORS®. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$1,421/mo
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