320 Saint Francis Ave, San Antonio, TX 78204
3 beds · 3 baths · 2,336 sqft
LOCATION PLUS A POOL IN DOWNTOWN SAN ANTONIO! A quick walk to Blue Star, King William Historic District and Southtown! Only minutes away from the Riverwalk, Tower of the Americas, and all downtown living has to offer. This beautiful gem of a home has it all! This modern home offers 3.5 bedrooms and 2.5 baths. Rare with downtown homes, this property has a 2 car garage, 2 car covered parking, as well as a long driveway for your guests to park when you host! Upon entry the you are welcomed by a modern open floor plan that is complimented with plentiful windows that allow natural lighting. The large and open kitchen has upgrades galore including stainless steel appliances and a large farm sink! The quartz countertop is perfect for entertaining and adjacent to the modern dining area that offer plenty of seating area. The master suite located in the main floor is privately tucked away and has a beautiful custom bathroom with a double vanity and walk in shower! Upstairs you will find a secondary living space/gameroom that is ready for you to make it your own! Use it as an office or gameroom to host your guests, as you will be the house to visit while downtown! The secondary bedrooms offer plentiful space! The enormous back yard oasis has a newly installed deck and pool (YES, a POOL!) with views of the Tower of the Americas that are perfect for a relaxing night in or a hosting a large gathering! This home is ready for you to make it yours so you can become part of the growing urban lifestyle in downtown San Antonio! Go and see it today!
Source: SABOR #1808399
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1808399
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: #1808399
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.