4311 Mystic Sunrise Dr, San Antonio, TX 78244
3 beds · 2 baths · 1,586 sqft
Charming One-Story Home in Prime Location - Instant Equity! Priced to Sell! Nestled in a prime location near I-10, I-35, and major shopping centers, this stunning one-story custom home offers the perfect blend of comfort, convenience, and modern upgrades. Built in 2003, this 3-bedroom, 2-bath residence features an open-concept layout with vinyl plank flooring throughout and plush carpeting in the bedrooms. The spacious eat-in kitchen boasts plenty of cabinet space, a walk-in pantry, a bay window with a window seat, and a new dishwasher. The primary suite offers ample closet space, while the split-bedroom layout provides privacy for all. The ADA-compliant secondary bathroom includes widened doors, a walk-in shower with two grab bars, a new toilet, and upgraded plumbing. Vivint wired-in security system also connected to digital front door key lock included (new owners only need to set up new account). Step outside to enjoy a patio and one of the largest backyards in the neighborhood-ideal for relaxing or entertaining. With a little water, you'll have a lush, vibrant yard! Additional features include: New water heater HVAC system only 2 years old Vivint security system hardwired for all doors and windows ($45/month to activate) CPS-installed electrical box (no upgrade costs) & SAWS water setup Nest thermostat Located in Judson ISD, within walking distance to Wagner High School, and near BAMC, Methodist, and Baptist hospitals (within 2 miles). Enjoy the convenience of grocery stores, gas stations, pharmacies, and newly built shopping centers just minutes away. Easy access to Fort Sam Houston, Randolph AFB, I-10, and I-35. Priced to sell quickly with a $5,000 closing incentive! Don't miss out-schedule your showing today!
Source: SABOR #1845747
Financials
Source: Public records
Source: SABOR #1845747
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.