624 COLT TRL, Schertz, TX 78154
Elegant Eco-Friendly Home in an Exceptional Community Welcome to your dream home, a stunning example of modern living, built in 2020 with both style and sustainability in mind. Nestled in one of the most sought-after communities, this home is more than just a place to live-it's a statement of your commitment to quality, comfort, and the environment. Constructed using the innovative Eco Smart program, this home embodies a multifaceted approach to energy efficiency and sustainability. Every detail, from the foundation to the rooftop, has been meticulously designed to create a living space that is not only beautiful but also built to last for generations. Step inside to discover a thoughtfully crafted interior that blends luxury with eco-conscious living. The heart of the home is the gourmet kitchen, featuring stunning granite countertops, an elegant gas range, and a spacious walk-in pantry. Whether you're a culinary enthusiast or love entertaining, this kitchen is sure to inspire your inner chef. Retreat to the master suite, where relaxation meets sophistication. The custom walk-in shower, complete with seating, offers a spa-like experience, while the garden-style tub provides the perfect spot to unwind after a long day. Every element of this home has been designed with your comfort in mind. Beyond its aesthetic appeal, the Eco Smart program ensures that this home operates with minimal impact on your energy bills and the environment. High-performance insulation, energy-efficient windows, and advanced heating and cooling systems work together to maintain a comfortable indoor climate year-round, all while significantly reducing energy consumption. The thoughtful design extends beyond energy savings. This home also boasts enhanced indoor air quality, providing a healthier living environment for you and your family. Fresh, clean air circulates throughout the home, reducing allergens and pollutants, and creating a sanctuary where you can truly breathe easy. In this exceptional community, you're not just buying a home; you're investing in a lifestyle that values sustainability, comfort, and long-term well-being. Discover the perfect balance of luxury and responsibility in a home that's ready to welcome you to a greener, more sustainable future.
You may be able to put down less than the total down payment amount of $194,068 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #1800162