9615 Annandale, San Antonio, TX 78239
5 beds · 2 baths · 2,142 sqft
Get a free consultation call with an expert in the mortgage assumption process.
This home has been meticulously maintained and it offers a host of modern features, while maintaining much of its original character and charm. When you step through the front door there's a room to the left that's currently being used as a den. That room could be a bedroom (yes it has a closet), or a formal dining room or a gameroom. You name it! As you continue into the living room you're welcomed by a beautiful Brick Fireplace. As you look towards the kitchen you can see that this Open Floor Plan is ideal for entertaining or maintaining family interaction even while preparing a meal. The large Primary Bedroom is downstairs. It has a HUGE Walk-In Closet with Lots of Built In Shoe Racks! It's a must see! There are 2 generously sized bedrooms upstairs and a smaller bedroom perfect for a nursery or to accomodate an overnight guest. This home also features Crown Molding and upgraded Baseboards throughout! In the backyard you will find a large Storage Shed, a raised (waist high) Vegetable Garden and even a Chicken Coop! With the price of eggs being what they are these days, the Chickens are worth their weight in gold. Who wouldn't love to have their very own "Personal Egg Factory"? This home comes with just that. This home is convenient to I-35 and 1604. It' close to The Forum (Shopping and Dining) and Rolling Oaks Mall. It's also close to Randolph AFB and Joint Base Ft. Sam Houston and SAMC (Formerly BAMC). Don't let this one get away. Schedule a showing today! Be sure to watch the video virtual tour by clicking the icon near the picture in the MLS Listing.
Source: SABOR #1849482
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: SABOR #1849482
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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.