8604 Hamer Rnch, San Antonio, TX 78254
4 beds · 3 baths · 2,216 sqft sqft
Welcome to this exquisite MULTI-GENERATIONAL home with In-Law Suite, where elegance meets practicality in a beautifully updated single-story design. Situated on a spacious corner lot within walking distance of Kallison Elementary School, this residence offers both comfort and convenience, perfect for seeking a harmonious blend of shared and private spaces. It is not only a beautiful living space but also a functional home that caters to the diverse needs of modern living. This multi-generational home boasts 4 bedrooms, 3 full bathrooms and 2216sqft. Apartment: The property includes a separate exterior entry, offering both privacy and independence. This self-contained unit features a cozy living area, a comfortable bedroom, a full bathroom, own washer/dryer utility closet and the plumbing is still available to add back the kitchenette. It is perfect for extended family, guests, or even as a rental opportunity. The home is set on a generous corner lot, with meticulously landscaped front and back yards that enhance its curb appeal. With additional decking, this backyard is perfect for entertaining and comes complete with the grill. The gourmet kitchen is a chef's dream, featuring stainless steel appliances, Quartz countertops, and an oversized tiled island with a breakfast bar. Ample cabinetry offers plenty of storage, while a tile backsplash adds a touch of sophistication. The adjacent dining area is perfect for friends or family meals, with direct access to the covered patio for easy indoor-outdoor entertaining. The garage has a brand new mini-split HVAC installed to be used as a comfortable gym or gameroom if desired. OPTION for ALL furniture to remain, including the pool table. The home is also equipped with brand new solar screens to reduce the heat that comes into the home. The home also comes with designer interior shades. Home comes with the option of being FULLY FURNISHED including washers, dryers, refrigerators, grill, pool table, exterior/interior furniture, all furniture minus very small exclusions. Seller WILL NOT accept Subject To: or "Creative" Financing. Please contact to schedule a tour of this amazing home. This home is 1 of 6 multi-gen homes in this community.
Source: SABOR #1804726
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1804726
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 30-day close.
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.
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 “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.
MLS ID: #1804726
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.