8514 Glass Gem Dr, San Antonio, TX 78249
4 beds · 3 baths · 2,634 sqft
Open House Sat. 4/6 @ 1-3 Welcome to this beautiful 4-bedroom, 3-full-bath home built by Texas Homes, nestled in the highly sought-after Agave Trace neighborhood. With an ideal layout, this home offers 3 bedrooms down and 1 upstairs, complete with its own private bathroom, perfect for guests or a teen retreat. Upstairs, you'll find a spacious game room, ideal for family fun or entertainment. This home boasts an open floor plan that seamlessly blends style and functionality. The chef's dream kitchen features stainless steel appliances, custom cabinetry, and designer finishes throughout, along with recessed lighting and ceiling fans for added comfort. A standout feature is the walkthrough butler's pantry, connecting the kitchen to the dining room for easy access and convenience. Energy efficiency is a key focus, with 5% ceramic tinting on the back windows, providing extra shade and lowering energy costs. Step outside, and the backyard truly steals the show! The backyard is an oasis with a beautiful pool by Gary Patio and Pools , complete with stunning lighting and waterfalls, creates a tranquil retreat perfect for relaxing or entertaining. Enjoy outdoor living to the fullest with a gazebo for lounging and a built-in outdoor kitchen, making this space ideal for hosting friends and family. A spacious front porch and extended driveway welcomes you home, offering a charming space to enjoy your morning coffee or greet neighbors. This home truly has it all-comfort, style, and outdoor luxury in one perfect package
Source: SABOR #1853347
Financials
Source: SABOR #1853347
Source: Public records
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%. 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.
Other resourcesWhat 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 “Get Notified” 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 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.