5104 Devanado Way, San Antonio, TX 78261
6 beds · 4 baths · 3,440 sqft sqft
Looking for Spacious living? This home has it all! 6 Bedrooms and 4 full baths!! Home sits on a large corner lot with a nice size front porch perfect decorating and seating. Welcome inside and take note of light oak wood plank flooring on a diagonal that takes you inside. Front bedroom with a closet that can be used as a secondary down or an office with a full bath just outside the room. Open floorplan with a kitchen ready for entertaining with a huge island that offers bar stool seating, plenty of counter space along with 42" cabinets and plenty of drawers and lower cabinets too. Built in double ovens perfect for holiday cooking, microwave over the electric cooktop stove. Subway tile backsplash, decorative lighting over the island. Separate dining area is huge and perfect for oversized table and chairs or shelving along the dining wall. Plenty of windows that brighten the dining area and living areas. Ceiling fan in living room that offers plenty of space for furniture. Primary bedroom is downstairs with a full bathroom, double vanity and walk in closet. Upstairs greets you with a large game room with wood flooring and 4 additional bedrooms. 3 bedrooms upstairs share the hall bathroom and the 4th bedroom is a secondary primary with a full bathroom inside bedroom. Large covered patio is perfect for enjoying your backyard and BBQing. 2 car garage with a water sink inside and side door to access outside. This home is perfect for anyone looking for plenty of space, work from home or multi generation family looking for secondary primary of bedrooms down. From the moment you walk inside you will see this home has been well cared for and is the perfect place to call home. Great location off of Evans and Bulverde. Highly ranked schools nearby and shopping.
Source: SABOR #1814575
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1814575
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 30-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: #1814575
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