6566 Runaway Row, Converse, TX 78109
4 beds · 2 baths · 1,631 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Come home to enjoy the privacy and view of ducks and wildlife in your back yard! This beautiful 4-bedroom 2 bath home, located in the new and SOLD OUT neighborhood of Willow View, is turn-key ready. This home was built in 2022 and has a lot of upgrades over and above standard builders. Home has been kept in great condition with zero issues. Added features include extended back patio, above ground Pool, 8x10 Concrete slab with covered pergola, great for relaxing and entertaining. there is an 8x8 wood deck for shed use or added seating. Privacy Fence has been extended 20 feet towards the front of the house. Garage has been entirely Upgraded, Insulated, & Air Conditioned to provide another outdoor living oasis for those hot summer days and cold winters nights. To add on, ALL appliances are included in the sale! Yes, the refrigerator, washer & dryer too!! This home is conveniently located near Randolph Air Force base and the Forum shopping center, address is Converse, but located so close to Schertz, you can't tell the difference. Assumable VA loan available with qualifications.
Source: SABOR #1832191
Source: SABOR #1832191
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 and Equal Opportunity Act.