11010 Kimes Park Dr San Antonio, TX 78249
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About this home
New price - now offered at $335,000. This Parkwood property delivers incredible value, meaningful upgrades, and a backyard setup you won't find at this price point. ***Join us Sunday, 11/9 from 2-5 PM, or schedule a private tour - homes like this don't last long. ASSUMABLE 3.75% INTEREST RATE AVAILABLE Welcome to 11010 Kimes Park Dr, a well-maintained 4-bedroom, 2.5-bath home offering 2,257 sq ft of comfort and functionality in the desirable Parkwood community (Northside ISD). Situated on a quiet street backing to a greenbelt, this home provides added privacy, peaceful views, and no rear neighbors. Inside, you'll find an open and inviting layout with a cozy fireplace, generous kitchen featuring ample counter space, walk-in pantry, and dedicated wine storage, plus a dining area overlooking the backyard. The primary suite includes a beautifully updated walk-in shower for a spa-like retreat. The backyard is a standout - complete with an above-ground pool, 16' x 14' pavilion, and storage shed, offering the perfect setup for entertaining, relaxing, and enjoying time outdoors. Conveniently located near USAA, UTSA, La Cantera, The Rim, and major corridors, this home provides quick access to shopping, dining, and major employers while being tucked into a quiet neighborhood setting. With a 3.75% assumable rate available and a new price offering unmatched value, this is an opportunity you don't want to miss. Make plans to tour this home in person - either at our open house on Sunday, 11/9 from 2-5 PM, or by scheduling a private showing today.
Source: SABOR #1914557
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FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.