4439 TAYLORS BND, San Antonio, TX 78247
*Priced to sell, bring all offers!* *No rear neighbors* *Fully paid off Solar Panels* *Updated Kitchen* *Above ground pool with built in deck and hot tub* Your Family will love your new private oasis here in the quiet, gated community of Hidden Oaks North! Backed up to a large piece of private land, you will be able to thoroughly enjoy this pool and deck combo with a built in hot tub and large covered patio space without having to worry about nosy rear neighbors! With a large pool for the kids and a hot tub for Mom and Dad, there's something for the whole family. The kitchen has been completely renovated making it a gorgeous and modern space complete with built in oven, new cabinets, countertops, backsplash, sink and a new island w/ built in microwave. Each of the three bedrooms feature abundant natural light, vaulted ceilings and walk in closets. If you're tired of excessive power bills then look no further! The FULLY paid off solar panels are only 4 years old and can drastically reduce your monthly power bill without having to worry about loan assumption. So come and relax in this rare opportunity that feels like a quiet, private get away despite being located just around the corner from all of the modern daily necessities.
You may be able to put down less than the total down payment amount of $113,332 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
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 45-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?
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #1795892
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.