VA loan
30-day close
1 of 49
VA loan
30-day close
$624,990

4117 Monteverde Vw, San Antonio, TX 78261

4 beds · 4 baths · 3,312 sqft

*Seller's offering a 10k incentive to help with closing costs or other expenses** Step into a world of elegance and comfort in this exquisite 4-bedroom, 3.5-bathroom residence that combines luxury, functionality, and location. Nestled in a coveted community with commanding views of the prestigious TPC golf course, this home offers a lifestyle that's second to none. As you enter, you are greeted by soaring ceilings and a grand, open floor plan that seamlessly blends living, dining, and entertaining spaces. The gourmet kitchen, a centerpiece of this home, features top-of-the-line stainless steel appliances, custom cabinetry, quartz countertops, and a large island perfect for hosting family and friends. Adjacent to the kitchen is a spacious family room that offers ample natural light through expansive windows, showcasing the stunning golf course views. This home boasts an entertainer's dream setup. The dedicated media room is perfect for movie marathons or game days, while the generously-sized game room provides space for all kinds of fun and recreation. Whether you're hosting a pool table competition or simply lounging with loved ones, this space has endless potential. Each of the four bedrooms is thoughtfully designed, providing ample space, plush carpeting, and plenty of storage. The master suite is a true retreat, featuring a spa-like en-suite bathroom with a soaking tub, separate shower, dual vanities, and a walk-in closet. The additional 3.5 bathrooms are equally well-appointed, ensuring that every guest and family member enjoys the ultimate in comfort and luxury. Step outside to the covered patio, a serene space perfect for relaxing after a long day. With an awe-inspiring view of the lush green fairways of the TPC golf course, this is the ideal spot to sip your morning coffee or enjoy an evening glass of wine. The backyard is an oasis of tranquility, offering room to entertain outdoors year-round. No expense was spared when this home was built, with countless upgrades throughout, from the premium flooring and customized cabinets that make this home as practical as it is beautiful. The attention to detail is unparalleled. Location is everything, and this home is situated in a prime area just minutes from upscale shopping centers, trendy eateries, and entertainment options. Whether you're dining at a nearby five-star restaurant or indulging in some retail therapy, everything you need is within easy reach. Don't miss the opportunity to own this extraordinary home where luxury meets comfort and style meets convenience. It's more than a home-it's a lifestyle. Schedule your private tour today and prepare to be wowed!

Interest rate 3
3%
With Roam
7%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$1,890
With Roam
$2,888
Reduce your monthly payments by $997 when you assume this mortgage.
You also save $324,203 in total interest paid.

$204,621
Edit

You may be able to put down less than the total down payment amount of $204,621 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

30-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.
Location
Details
Home
Lot size
0.225 acres
Year built
2021
Type
Single Family Residence

Source: SABOR #1812594

Loan
Remaining term
27 years, 1 month
Rate
3%
Monthly P&I
$1,890
Remaining loan balance
$420,368

Source: Public records

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 30-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

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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.

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Last updated: Nov 23, 2024 06:31 am
Listing agent: Stephen Galvan
Listing provided courtesy of: Keller Williams Heritage (210) 493-3030
Details provided by SABOR and may not match the public record.
MLS ID: #1812594
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 © 2024 San Antonio Board of REALTORS®. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$1,890/mo
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