5736 Mckinney Fls, San Antonio, TX 78253
4 beds · 3 baths · 2,703 sqft sqft
Welcome to your spacious family sanctuary! This delightful 4-bedroom, 2.5-bathroom home sprawls over 2700 square feet, offering abundant space for your family to thrive. Nestled in a tranquil neighborhood within an esteemed school district, this residence is designed to accommodate the needs of modern family living. As you step through the front door, you're greeted by a bright and airy living space, perfect for hosting gatherings or enjoying quiet family nights by the fireplace. The kitchen, equipped with renovated appliances, is a chef's delight, providing ample room for culinary creations and casual dining. Venture upstairs to discover the sleeping quarters, where all four bedrooms are conveniently located. The master suite, with its own private en-suite bathroom, offers a serene retreat from the day's activities, while the remaining bedrooms provide comfortable accommodations for the whole family. One of the standout features of this home is the recently added deck in the backyard, providing an inviting space for outdoor entertainment and relaxation. Whether you're hosting summer barbecues or simply enjoying a peaceful morning coffee, this outdoor oasis is sure to become a favorite gathering spot. Situated within a highly regarded school district, this home ensures access to top-tier educational opportunities for your children. Additionally, the surrounding area offers a wealth of amenities, including parks, shops, and dining options, ensuring that everything your family needs is close at hand. In summary, this expansive family home offers a harmonious blend of space, comfort, and convenience. With its generous layout, updated features, and prime location, it's the perfect place to create cherished memories and embark on new adventures with your loved ones. Welcome home!
Source: SABOR #1776201
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1776201
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: #1776201
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.