4439 Taylors Bnd, San Antonio, TX 78247
3 beds · 3 baths · 2,670 sqft
Freshly painted and spruced up inside, this home is ready for the holidays! 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 the 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.
Source: SABOR #1795892
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1795892
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: #1795892
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.