5918 Winding Ridge Dr, Windcrest, TX 78239
4 beds · 4 baths · 2,836 sqft
New home renovation with open floor plan; new double ovens, induction stove top, beautiful grey flooring and Silver Pearl Granite. Vaulted ceiling with charcoal wood beams throughout upper level. Kitchen has decorative lighting, ceiling fans, huge walking in pantry with wood shelving and adjacent bathroom. Extra Kitchen cabinets in Breakfast room and abundant of closets throughout the home. Dwelling has two dining areas with numerous windows which have beautiful views (2" blinds). Rock Fireplace with built in grey cabinetry and solid wood walls. French doors lead out to upper patio with beautiful views of San Antonio Lights & fireworks on holidays. Short staircase leads down to another Family room with French doors opening to lower deck with easy access to pool. Great entertaining value with two outdoor dining areas. Enjoy the in-ground swimming pool and covered patios with direct access to a walk-in shower. Don't let this house GET AWAY from you. Buy now at current interest rates and refinance later. Perfect home for a Staycation!
Source: SABOR #1687284
All values shown are estimated costs / mo.
Source: Public records
Source: SABOR #1687284
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.