4819 Appaloosa Run, San Antonio, TX 78244
3 beds · 3 baths · 1,774 sqft
Embrace the feeling of home in this 3-bed, 2.5-bath, two-story beauty! At a sizable 1774 SF, this home blends space and comfort effortlessly. This inviting retreat is positioned in the Mustang Valley subdivision, a perfect spot to create memories that will last a lifetime. Step inside to be welcomed by an open concept design that is both modern and cozy. A spacious living, dining and kitchen will make entertaining a breeze. All bedrooms reside upstairs, providing a peaceful retreat from the lively main floor. The master suite is a revelation, covering a entire half of the house and boasting a huge walk-in closet. This truly is a place to escape, rejuvenate, and revive. You'll appreciate the investment made into the home as it's super well-insulated. The current owners have enhanced the beauty further by redoing the floors downstairs and in the bathrooms. Outside, the xeriscaped front yard is designed to be water-smart without compromising on aesthetic appeal. The backyard features an open patio with enough room for a pool, your next summer gathering spot is right here! The home offers an ideal location, within walking distance to the middle school, simplifying your weekday routines. Plus, with easy access to major retailers and restaurants, you'll have everything you need just a stone's throw away.
Source: SABOR #1767150
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1767150
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: #1767150
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.