8415 Fredericksburg Rd Apt 101 # 101, San Antonio, TX 78229
2 beds · 2 baths · 1,203 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Charming 2-Bed, 2-Bath Condo in the Heart of the Medical Center! Nestled in a beautifully maintained gated community with mature oak trees, this stunning first-floor condo offers 1,203 sq. ft. of comfortable living space with no carpet! The open floor plan features two spacious bedrooms and two full baths, including a primary suite with dual vanities, a separate tub, and a walk-in shower. Enjoy multiple dining options with two eating areas and a wet bar/coffee bar, perfect for entertaining. The living area is bright and inviting, with plantation shutters adding charm and style. Step outside to the covered patio for a breath of fresh air. The kitchen comes complete with a refrigerator, and washer and dryer for added convenience. Community amenities include a sparkling pool, Gated and beautifully landscaped grounds. Stainless Stove, Refrigerator are less than a year old. Washer/Dryer is 3 years old. Crown molding*Don't miss this opportunity for comfortable, convenient living in a prime location!
Source: SABOR #1854553
Source: SABOR #1854553
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.