7722 BRAUN BND, San Antonio, TX 78250
NEW Roof installed June 2024. Welcome to 7722 Braun Bend, a beautiful two-story home in the exclusive gated community of Braun Hollow. This established neighborhood is filled with mature trees and meticulously landscaped streets that offer both charm and privacy. The formal dining area flows effortlessly into the spacious living room, which features abundant natural light and a cozy fireplace. The kitchen is a chef's dream, boasting stainless steel appliances, a large island with plenty of storage, and a bright breakfast nook with modern lighting. Upstairs, the luxurious primary suite offers wood flooring, a walk-in shower, double vanity, and a garden tub for ultimate relaxation. A large game room and generously sized secondary bedrooms provide additional space for family and guests. The well-equipped laundry room adds convenience with a sink and extra storage space. Outside, the covered patio overlooks a private, fenced backyard-perfect for entertaining or unwinding after a long day. Numerous upgrades throughout the home make it move-in ready and add to its overall appeal. Enjoy peace of mind and a sense of community with the secure, gated entrance. With its perfect blend of style, comfort, practicality, and endless upgrades throughout, this home offers everything you need. Don't miss your opportunity to make this your forever home!
You may be able to put down less than the total down payment amount of $82,356 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: #1808865