3642 Marlark Pass, San Antonio, TX 78261
4 beds · 4 baths · 3,751 sqft
NO CITY TAXES!! Stunning home in Bulverde Village just North of 1604 & 281 with fantastic entry way and fireplace is ready to welcome you home! Traditional elegance and functionality meet in this wonderfully designed 2 story home and floor plan. The upper level of the home offers extra leisure space perfect for a game room, media room, family room or entertaining area. The primary suite, also located on the upper level is a phenomenal space measuring at 18x23 that leads into a spacious primary bathroom featuring a garden tub, separate shower and additional built in vanity. The upstairs guest room balcony will be sure to wow you and is perfect for relaxing early mornings and evenings. Spacious and open kitchen offer granite countertops, stainless steel appliances, gas cooktop, built-in oven & microwave, island and dishwasher perfect for the upcoming holiday meals and gatherings. This home has been very well maintained and loved throughout the years AND comes with over $25k+ in upgrades. Sellers replaced the roof in July of 2024 which can positively impact your home insurance rates. Additionally, new fresh carpet has been replaced throughout upstairs in August of 2024. Refrigerator, Paid Water Softener, and Sprinkler System will convey. Washer, Dryer, Paid Security System will convey if desired. Pool Table, Bar & Stools are for sale and negotiable. Home sits in a culdesac on over a quarter acre lot highlighting privacy fence, mature trees, dual HVAC systems, gutters and several schools within 10 minutes or less. This home and oversized backyard are a must see as it offers many versatile options for entertaining, relaxation, plus, great HOA amenities and nature trails. Schedule your private tour and send us your best offer, sellers are open to all reasonable offers!!!
Source: SABOR #1800122
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1800122
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: #1800122
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.