7413 Grenadine Bloom Bnd, Del Valle, TX 78617
4 beds · 2 baths · sqft
ASSUMABLE VA LOAN AVAILABLE with an interest rate in the 2's for Veterans only. Lease in place through 5/31/26. Can still purchase and work through assuming the loan. Expected processing time for assumption is 90-120 days. Buyer must qualify for loan and needs around 30k cash to close. Welcome to this beautifully designed single-family residence located in the desirable Sun Chase subdivision. With its modern features and spacious layout, this home offers a comfortable and luxurious living experience. Featuring 4 bedrooms and 2 full bathrooms, this home boasts a total of 2,027 square feet of living space. The office space could easily be a 5th bedroom. The open-concept floor plan seamlessly connects the living area and kitchen, creating the perfect space for entertaining. The kitchen is a dream, equipped with quartz countertops, a kitchen island, a pantry, refrigerator, and stainless steel appliances. The primary bedroom, situated on the main level, offers a peaceful retreat with its own sitting/study room and a generous walk-in closet. The primary bath has dual vanities, garden tub, separate shower, and quartz countertops. The interior is adorned with high ceilings, recessed lighting, and tasteful finishes throughout, keeping the look light bright and airy. Additional features include a laundry room on the main level and a two-car garage with a driveway. Step outside and enjoy the covered patio and TURF landscaped backyard-perfect for outdoor gatherings, lawn games, and relaxation. Residents of this community have access to fantastic amenities, including a playground, basketball court, and a pool. The neighborhood is well-maintained with sidewalks and underground utilities. Conveniently located in Del Valle, this home is within the Del Valle ISD and provides easy access to nearby schools. Minutes away from the Austin Airport, major highways, shopping centers, dining options, and recreational parks. Perfect TESLA factory workers!
Source: ACTRIS #4739084
Send questions to support@withroam.com
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
Source: ACTRIS #4739084
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. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
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.
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 “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.
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 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.