516 Amber Crk, Cibolo, TX 78108
5 beds · 4 baths · 2,859 sqft
Come check out this gorgeous home in the amazing new Steele Creek community of Cibolo. This Salerno floorplan has 2 stories and offers 5 bedrooms, 3.5 bathrooms, and a dedicated office within its 2,859 square feet. Ideal for those seeking ample living space, the home provides comfort and versatility with its well-designed layout. As you enter the home, you're greeted with 9-foot-high ceilings and a study with French glass doors off to the right. Continue down the foyer to an open-concept floor plan lined with upgraded luxury vinyl plank with large eat-in kitchen that includes an expansive island with granite countertops, gas cooking, sleek Stainless-Steel appliances, and a charming breakfast nook/dining room that extends to a covered back patio. The kitchen flows into a very large living room, perfect for entertaining! Just off the living room, you'll find a utility room and half bath for convenient accessibility. A private hallway off the living area leads to the primary bedroom that features a spacious ensuite including walk-in shower with separate tub, double vanities, and walk-in closet. The second floor offers a large game room at the top of the stairs. Four secondary bedrooms with 2 Jack and Jill bathrooms are located just off the game room. The star of the show is the the outdoor yard space, as the home sits on an extra-large corner lot of 0.23 acre, perfect for outdoor activities and relaxation while the full yard irrigation system ensures easy maintenance of landscaping. In this DR Horton home, you'll enjoy added security with their Home is Connected features. Using one central hub that talks to all the devices in your home, you can control the lights, thermostat and locks, all from your cellular device. Steele Creek's amenity center includes an exercise room, resort style pool, playground, splash pad, sports court and community room. This property is conveniently located directly behind Steele High School and just minutes from HEB, the fast-growing Shops at Cibolo Bend retail development, and Randolph Air Force Base! This one won't last so schedule your showing today! Refrigerator and water softener system convey.
Source: SABOR #1795746
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1795746
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: #1795746
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