335 WALNUT CRK, New Braunfels, TX 78130
Stunning 4 bedroom/2.5 bath + Bonus room + office, over 2600 sf home and ready to move-in. Shows like a model and one of the largest floor plans in community. So if you are looking for room to grow into, here it is! Inviting front porch with 8 ft Wooden Front Door and soaring ceiling entry way greet you. The spacious open concept family room is set to the back of the home boasting lots of windows and natural light, and overlooks your country-like private backyard with Texas Sized covered patio, lush grass and perfect for summer barbeques. The chef's delight kitchen is perfect for gatherings and entertaining, boasting a massive granite island, stainless steel appliances including refrigerator, and endless countertops & cabinets for storage, along with a fabulous eat in kitchen dining nook. Spacious Downstairs Owners Retreat boasts, newly installed carpet and spa-like full bath w/large walk in closet. Upstairs must see the large bonus room and the three spacious bedrooms, plus a walk-in attic space for storage. Downstairs is an office that could be a 5th bedroom. Downstairs 1/2 bath, mudset room, and additional walk-in pantry storage understairway complete this home along with 2 car garage. Remaining "Builder Home Warranty" transfers to new owners. And enjoy the Oak Creek Community lifestyle with their fabulous clubhouse, pool, playground, sidewalks, and park. Close to HEB, schools, dining, shopping, Historic Gruene, our lakes & rivers , Medical/Hospitals, and all that New Braunfels has to offer. Easy access to IH35 for commute to San Antonio, Austin, San Marcos, and military bases. Come experience the Oak Creek lifestyle and this home today!
You may be able to put down less than the total down payment amount of $138,567 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
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?
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #7477993