411 Donalan Dr, Converse, TX 78109
3 beds · 2 baths · 1,503 sqft sqft
OPEN HOUSE October 12th 12pm-3pm & 13th 2pm-5pm!!!! Welcome to your Astoria Place dream home! The gorgeous curb appeal not only welcomes you home but also stands out with this beautiful red entry door. As you enter this home you will notice the well maintained wood like tile floors, large living space with tons of windows to provide plenty of natural light. Upon further entry towards the rear of the living space you will walk into your HUGE kitchen with more than enough space for entertaining and enjoying your favorite family meal! The kitchen includes an island, dishwasher, stainless steel refrigerator, stove with a mounted microwave and exhaust vent. Adjacent to the kitchen on left side of the home you will enter a hallway leading to the guest wing of your home. Here you will find 2 additional bedrooms, secondary bathroom, laundry room and garage access! The primary suite located to the rear of the home includes its own primary bathroom with double vanities, a shower/ garden tub combo and a large walk in closet! Your backyard has an enormous patio to compliment the beautiful multi-purpose yard space. Equipped with large mature trees and a newly renovated privacy fence! You will also be located within 10 minutes of Randolph AFB & 15 minutes from Fort Sam Houston! You're absolutely going to love this home and the amazing incentives that come along with it! Schedule your tour today!
Source: SABOR #1801126
Source: SABOR #1801126
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: #1801126
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.