VA loan
1 of 45
VA loan
$450,000 SIGNIN

Sign in to see required down payment for the 2.75% rate

3438 Cottonwood Cyn, Bulverde, TX 78163

5 beds · 3 baths · 2,704 sqft

Concierge

Get a free consultation call with an expert in the mortgage assumption process.

Why wait to build when you can buy this ready 1.5 story, 4 bed, 3 bath home featuring 2763 sqft! 1st floor offers separate office area & spacious living room off the entryway. A private hallway from the living room leads to a full bath and three secondary bedrooms w/ walk-in closets. The living room flows into an open dining area & eat-in kitchen. The master suite is located off the kitchen & features a nice master bath and large walk-in closet. 2nd floor highlights an open loft area, 5th bedroom with full bath with a walk-in closet. The covered patio and sprinkler system finishes the outside of the home. The community features a swimming pool, basketball courts, BBQ grills and weight room.

Estimated
Seller's interest rate
2.75%
7%
Estimated
Monthly payment

$2,025
$2,824
You may also save up to $251,549 in total interest paid.

Learn about how it works

Why Roam


Gap financing to lower your down payment

Unlock down payments as low as 5% – only with Roam

5x the likelihood your offer is accepted

If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close

Close faster and stress-free

We close 2x faster because of our deep experience and lender relationships

Rates and payments are estimates based on public records.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $2,824 monthly payment

Financed
SIGNIN
Location
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Loan details
Loan type
VA
Rate
2.75%
Remaining term
26 yrs and 3 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$2,025
Principal & interest
$1,433
Mortgage insurance
-
Property taxes
$135
Home insurance
$386
HOA fees
$70
Utilities
Not included

Source: Public records

Home details
Size
2,704 sqft
Lot size
0.14 acres
Year built
2021
Type
Single Family Residence
HOA dues
$70.00

Source: SABOR #1848003

Qualify

To qualify, you must meet the current FHA or VA 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.

FHA (Federal Housing Administration) loans

FHA loans require the buyer to assume the mortgage as a primary residence.

VA (Veteran's Affairs) loans

You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.

Investors

You may be able to assume a VA mortgage as an investor without it being your primary residence.

Resources
Frequently asked questions

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.

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.

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.

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 “Save search” 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.

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 620, 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.

View all FAQs
Last updated: May 16, 2025 07:01 pm
Listing agent: Darryl Clinton
Listing provided courtesy of: 3D Realty & Property Management (210) 865-8207
Details provided by SABOR and may not match the public record.
MLS ID: #1848003
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 © 2025 San Antonio Board of REALTORS®. All Rights Reserved.
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$2,025
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