903 Oso Negro, San Antonio, TX 78260
5 beds · 4 baths · 4,188 sqft
Welcome to your dream home-a true staycation retreat nestled on a quiet, low-traffic street. This stunning residence boasts an expansive backyard oasis perfect for recreation and entertaining. Imagine relaxing poolside or soaking in the spa, grilling under the cabana, mixing drinks at the wet bar, or rinsing off in your private outdoor shower and bath-all in your own backyard paradise with direct access to a serene park and bike/walking path through a private gate. The front exterior exudes curb appeal with elegant stucco and stone accents, while the interior showcases custom features throughout. Step inside to find a formal dining room with a striking chandelier to your left, and a glass-door entry to your dedicated home office on the right. Tile flooring flows seamlessly throughout most of the first floor. At the back of the home, an impressive living room with a soaring two-story ceiling and a wall of transom windows fills the space with natural light and features a cozy fireplace and built-in alcoves. The open-concept layout flows seamlessly into a gourmet kitchen equipped with a massive island, stainless steel appliances-including built-in oven, microwave, and gas cooktop-abundant counter space, and cabinetry with crown molding. A sunny breakfast nook offers direct access to a generously sized covered patio, perfect for morning coffee or evening gatherings. The primary suite is conveniently located on the main level, showcasing rich vinyl plank "wood" flooring, a two-tiered tray ceiling with crown molding, and a luxurious en-suite bath with soaking tub, walk-in shower, dual vanities, and a spacious closet with built-in shelving. A half bath and laundry room complete the first floor. Upstairs, you'll find four generously sized secondary bedrooms, and two secondary bathrooms including a Jack and Jill layout, as well as a large game room featuring transom windows, a double-tier tray ceiling with crown molding, and a closet for added flexibility. As a unique extra, the third floor offers an additional retreat with a wall of windows and beautiful views-ideal as a media room, studio, or flex space. You will also appreciate the convenience of garage parking for three vehicles. This thoughtfully designed home combines luxury, comfort, and functionality inside and out. Don't miss your chance to own a personal paradise with unparalleled amenities and an unbeatable location in the Venado Creek subdivision, situated between Bulverde and San Antonio just off 281.
Source: SABOR #1830186
Source: SABOR #1830186
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.
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 “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.