5667 Midcrown Dr, San Antonio, TX 78218
3 beds · 3 baths · 1,883 sqft sqft
MOTIVATED SELLERS! MOVE IN READY! LOWEST ELECTRICITY BILLS EVER - all due to high quality SOLAR PANELS. Now more on that LOW electricity bill...during hottest months, electricity bills were $130-$150...for real! Ready to meet 5667 Midcrown Dr? Come on in. It's a stunning 3 bedroom, 2.5 bath home nestled in San Antonio that has 1883 sq ft of meticulously maintained living space. This residence has charm and comfort like no other, is immaculately kept and features NEW: AC/HEAT system, TANKLESS WATER HEATER & SOLAR PANELS, all for your optimal COMFORT and EFFICIENCY. Highlighted extras are a versatile bonus room on the main floor plus a flex room upstairs. At entry there's a welcoming ambiance, lots of natural light and a roomy layout. The heart of the home lies in its GENEROUS LIVING AREA and KITCHEN, MULTIPLE CLOSETS, ABUNDANT STORAGE, and LARGE fenced BACKYARD. With gracious REAR ALLEY PARKING and proximity to IH 35, commuting is convenient, making this residence ideal for busy lifestyles. The BACKYARD is a standout feature in itself, with AMPLE STORAGE LOCATIONS, perfect for a man cave, a she shed, or both and all the space needed for those family BBQ's and parties. This home represents EXCEPTIONAL VALUE, combining practicality (remember those extremely low utility bills) with charm, making it a wonderful HAVEN FOR FAMILIES seeking both comfort, convenience and easy to afford living. Don't miss the opportunity to make this move-in ready gem your own!
Source: SABOR #1735412
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1735412
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: #1735412
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.