913 CARDIFF, Cibolo, TX 78108
Executive Home in Gated Community Welcome to this gorgeous executive home located in a secure, gated community on a serene dead-end street. Here's a detailed description of what this stunning property has to offer: Key Features: Inviting Foyer: Enter through an inviting foyer that sets the tone for the rest of the home. Open Floor Plan: You will be immediately blown away by the wide-open floor plan and stunning staircase that welcomes you inside. Office and Dining Area: To the left, you'll find a spacious office and dining area that seamlessly leads to the kitchen. Gourmet Kitchen: Appliances: Cook a gourmet meal with the built-in smooth cooktop and built-in oven. Design: Enjoy the huge breakfast island, plenty of granite countertops, and numerous cabinets for all your storage needs. Outdoor Space: Covered Patio: Escape to the backyard and sip a cool drink or coffee on the covered patio. Main Suite: 1st Floor Primary Bedroom: Retire to the spacious primary bedroom on the first floor, featuring a large walk-in closet. Upstairs Amenities: Game Room: The kids will surely enjoy the upstairs game room. Additional Space: The second floor includes two full baths, a bonus room, and three adjoining bedrooms. Convenience: Nearby Facilities: Randolph Air Force Base is just 5.5 miles away. Byron Steele High School, restaurants, and shopping are all within 2.5 miles. Summary: This exquisite home in a prime area offers comfort, convenience, and style. Given its many desirable features and prime location, this property is sure to move fast. Don't miss out on this incredible opportunity!
You may be able to put down less than the total down payment amount of $47,660 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: #1782210