9916 Bratten Rise, San Antonio, TX 78254
4 beds · 2 baths · 1,904 sqft sqft
Assumable 2.75% rate ! Welcome! This stunning 4-bedroom, 2-bath residence, built in 2021, is located in a prime area within a vibrant and welcoming community. Enjoy modern living with energy-efficient solar panels. Step inside to find an open-concept layout adorned with contemporary finishes, high ceilings, and an abundance of natural light that creates a warm and inviting atmosphere. The spacious kitchen is a chef's delight, featuring a large island, sleek countertops, and ample storage, making it perfect for entertaining guests or hosting family gatherings. The adjoining dining and living areas provide a seamless flow, ideal for both relaxation and socializing. Retreat to the generously sized bedrooms, each offering comfort and tranquility. The master suite boasts a walk-in closet and a luxurious en-suite bathroom providing a perfect escape after a long day. The additional bedrooms are versatile, perfect for a growing family, home office, or guest accommodations. Outside, the community offers an array of amenities designed to enhance your lifestyle. Take a dip in the pool, host parties in the clubhouse, or enjoy a walk in the well-maintained park. This home is ideally situated close to top-rated schools, shopping centers, and a variety of dining options, ensuring convenience and ease in your daily life. With its perfect blend of modern amenities, thoughtful design, and prime location, this property is a rare find. Don't miss the opportunity to make this property your home! Experience the perfect balance of comfort, and community living. Schedule a viewing today.
Source: SABOR #1788633
Interest rate and monthly payment estimated based on public records.
Source: SABOR #1788633
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: #1788633
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.