3618 Marlark Pass, San Antonio, TX 78261
4 beds · 3 baths · 3,297 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Tucked away in the cozy Bulverde Village, 3618 Marlark Pass is a beautiful Wilshire-built home that's got tons of space for both kicking back and throwing epic get-togethers. Walk in, and you're greeted by a grand foyer with gorgeous wood-like ceramic floors that lead you to a comfy sitting room and a study that's perfect for working from home or sneaking in a quiet read. Also on the main floor, there's a guest bedroom with its own full bathroom-super handy for when friends or family stay over. The living room is big and inviting, with a gas fireplace that makes it the heart of the home, opening right up to a fancy kitchen. We're talking stainless-steel appliances, a gas range, a breakfast island, and a sunny dining spot for morning coffee or big dinners. Head upstairs, and you'll find a fun game room, three more bedrooms that share a nice bathroom, a little nook for chilling, and a primary suite that's basically a dream. It's got double vanities, a big soaking tub, a sleek glass shower, and two walk-in closets for all your stuff. This place just feels like home.
Source: SABOR #1857811
Source: SABOR #1857811
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.