3322 Taurus Sky, Converse, TX 78109
5 beds · 3 baths · 2,403 sqft sqft
OPEN HOUSE SAT, OCT 26, 12 - 2PM. Ask About down payment assistance,7k grant, a 1% Temporary Rate Buy Down and 5k Assistance Program, lender covered closing costs offered by preferred lender. Nestled in a serene cul-de-sac, this 5 bedroom, 3 bathroom home is a haven of tranquility and modern comfort. The house, with its elegant facade and solar panels gleaming under the sun, exudes a sense of both charm and sustainability. Stepping inside, you're greeted by an open-concept living space bathed in natural light. The large windows throughout the home invite the outdoors in, creating a warm and inviting atmosphere. The living room, with its high ceilings and open floor plan, is perfect for gatherings. The adjacent dining area flows seamlessly into the kitchen, complete with sleek countertops, modern appliances, and ample custom cabinetry. On the main floor, there's a bedrooms that is ideal for guests or a home office. The 2nd floor features a generously sized master suite, offering a private retreat with an en-suite bathroom with a soaking tub and a separate shower, ample closet space, and large windows. It's a tranquil space where you can unwind after a long day. Additionally, there are 3 other bedrooms and a convenient laundry room on this level. One of the standout features of this home is its focus on natural light and energy efficiency. The solar panels not only reduce the home's carbon footprint but also significantly lower utility bills, making it an environmentally conscious choice. The large backyard, with its expansive covered patio and another main patio is ready for an outdoor kitchen, entertaining friends or simply enjoying the peaceful surroundings. The cul-de-sac provides a serene environment, ideal for anyone looking for a peaceful place to call home. Whether you're taking a stroll through the community or enjoying a sunny afternoon in your backyard, this home offers a harmonious blend of comfort, style, and sustainability.
Source: SABOR #1803023
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1803023
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: #1803023
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.