3712 Broughton, Schertz, TX 78154
3 beds · 3 baths · 1,799 sqft
Fabulous updated home in great neighborhood with architectural appeal! Seller did lots of refreshing to include all new interior paint and new carpet. There is new lighting, and new fixtures as well as a new hot water heater. The 30 year roof and HVAC are also newer and HVAC still has transferable warranty until 2028. This lovely house has high vaulted ceilings in the family room and is graced by a warm brick fireplace and laminate floors. There is a formal dining room as well as an eat in kitchen with lovely bay window for light. Stove and dishwasher are newer and kitchen and breakfast area are all tiled along with the bathrooms. There is a brand new microwave! The primary bedroom is downstairs and features a walk in closet and the bath has a tile surround garden tub and double vanities. The other two bedrooms are upstairs along with a loft/gameroom with wood rail spindles open to below. The ductwork was also recently replaced. Outside you will find a covered pergola/deck and a spacious backyard. Located close to Randolph AFB and all the shopping at the Forum where you will find everything you need. Make this lovely home yours today!
Source: SABOR #1816924
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1816924
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: #1816924
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.