510 Dawnridge Dr, San Antonio, TX 78213
3 beds · 2 baths · 1,232 sqft sqft
This charming single family home located at 510 Dawnridge Dr in San Antonio, TX was built in 1960 and offers a cozy retreat in a desirable neighborhood. With three bedrooms and two bathrooms, this home is perfect for small families or couples looking for a comfortable living space. Boasting a finished area of 1,232 square feet, this home provides ample room for both living and entertaining. The open layout of the main living areas creates a welcoming atmosphere, perfect for hosting guests or simply relaxing after a long day. Situated on a spacious lot size of 8,276 square feet, there is plenty of outdoor space to enjoy as well. The backyard offers a peaceful retreat, ideal for enjoying the beautiful Texas weather. Whether you're looking to relax on the patio or play in the yard, this property provides the perfect setting for outdoor activities along with 2 sheds. Conveniently located near shopping, dining, and entertainment options, this home offers easy access to everything San Antonio has to offer. With its prime location and cozy charm, 510 Dawnridge Dr is the perfect place to call home. Don't miss out on this opportunity to own a piece of San Antonio's rich history in this well-maintained property.
Source: SABOR #1780995
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1780995
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.
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: #1780995