620 Colt Trl, Schertz, TX 78154
4 beds · 3 baths · 2,352 sqft sqft
CAN'T BUILD FOR THIS PRICE!! Sought after location in the charming community of Bindseil Farms! One owner home built by Coventry Homes with so many upgrades! Attractive cave rock elevation in this single story homesite! FOUR bedrooms, THREE full baths situated for privacy! Study off the entry can be a multi purpose room. Easy care stunning 16x16 tile flooring throughout! Gourmet kitchen features upgraded granite and Mosaic accent backsplash. Island stone front, plenty of room to move around, perfect for buffet entertaining or add your barstools for casual dining. Built in Stainless Whirlpool appliances, gas cooktop with vent hood, built in microwave and oven and the refrigerator stays! Maple stained cabinets! Walk in pantry! Upgraded package includes oil rubbed bronze finish with lighting and fan fixtures! Bronze Moen hardware and accessories. Very open concept with combination kitchen, dining and living space! Custom entertainment niche with gorgeous media center and TV that stays. Primary bedroom with bowed window for an extended cozy sitting area. Roomy walk in shower and upgraded oversized drop in tub, roman tub faucet with backsplash accents. Secondary bedrooms offer privacy with two fulls baths. Under mount vanity sinks in all bathrooms. Countertops leveled up with classy looking marble. Faux blinds in the entire house. Laundry room has lots of shelving, rods and storage closet. Sellers relocating internationally, leaving behind refrigerator, washer, dryer, two TV's, leather sectional with multiple reclining seats, entertainment center and all window treatments. All purchased when they moved in. WHAT A DEAL! Dual hot water heaters! Epoxy garage flooring! Partial flooring in the attic with garage pull down stairs. Texas sized upgraded covered patio with gas grill, sink and beverage fridge that overlooks the green space for privacy! A pool would fit nicely! Storm doors. Full gutters. A few minutes away is the Schertz Family YMCA with so many programs for Fun, Health and Fitness for all ages! This well appointed home is ready for a quick move in!
Source: SABOR #1811336
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1811336
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: #1811336
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