951 Horseshoe Fls, Bandera, TX 78003
4 beds · 3 baths · sqft
Breath in the fresh air of the Hill Country everyday on this Gorgeous 2.01 acre property. Make it 4.02 by buying 2.01 sellers are also selling next to this one for $81,000 (SEE PICS 4 & 5). This Stunning 4 beds, 2 and a half bath, cathedral ceiling, wood beams, ceiling fans, Flex room with windows to Living room & Patio. Perfect for a family room, game room, craft, play, etc. Office room with French window doors. Beautiful kitchen with custom cabinets, granite countertops, breakfast bar, lots of cabinets throughout, stainless steel appliances, marble ceramic tile throughout, large laundry room with sink and plenty of cabinets, covered patio has sink with water, ceiling fan with light and lighting, 45x50 Barn has storage room, water & electric perfect for livestock, storing RV, trailers, tractors. Both lots are level with mature trees. It is nestled within the gates of the prestigious Bridlegate Subdivision, where rolling hill views paint a picturesque landscape. The Bridlegate community offers so many amenities like not one, but two clubhouses, featuring inviting pools, tennis courts, an exercise facility and a 25-acre Medina River Park, offering fishing, BBQ areas, and tubing for outdoor enjoyment. Horses allowed and only minutes from Bandera (Cowboy Capital of the World), many restaurants, shops, and much more. DON'T MISS OUT ON THIS GEM!!
Source: SABOR #1770923
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1770923
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 45-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: #1770923
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