963 Pumpkin Rdg, New Braunfels, TX 78130
4 beds · 4 baths · 2,472 sqft
UPGRADES GALORE! Tired of the same old "cookie cutter" new build that you will still need to spend thousands of dollars. Have dreams of adding an outdoor space tailor made for entertaining guests? Then LOOK NO MORE! This beautifully maintained home is an entertainers dream! The main floor contains an open floor plan main living area with the living room flowing into the beautiful island kitchen, a 1/2 bath for guests, and the private master suite, while second floor contains all three remaining bedrooms, 2 full bathrooms, the laundry room and a large loft/movie room. The kitchen features granite countertops, tile backsplash, stainless steel appliances and tall cabinets. The large master suite has plenty of room for your king-sized bed, a walk-in closet with built in shelves, and a beautiful, private bathroom with dual vanities, a garden tub and a separate tiled shower! At the top of the stairs is a large loft that has been converted into a movie room with an Epson Home Theater projector system, surround sound and blackout curtains...all included! All 3 secondary bedrooms are large with 2 of them containing walk-in closets and are each located next to their own full bathroom! Also installed is a gorgeous, hand-made, saloon style gate on the stairs to keep children, pets, and some "not so smart" adults from going upstairs! If all that isn't enough, the meticulously maintained backyard has been turned into an entertainers dream with a large, covered patio and a gorgeous paver stone fire pit that can be used as is or will also fit a Breeo X-30 smokeless fire-pit insert (shown in photos, not included). Other upgrades include a water softener, epoxy garage floor coating, new roof with upgraded dimensional shingles (2023), upgraded sprinkler heads, top to bottom glass storm door, Ring floodlight camera and doorbell, and tons of landscaping finishes. **Seller is willing to do a VA Loan assumption with a rate of 2.629%!!!!
Source: ACTRIS #8190562
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #8190562
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: #8190562
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.