16206 Robinwood Ln San Antonio, TX 78248
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About this home
Traditional Home in Coveted Deerfield This charming traditional home boasts beautiful wood floors and plantation shutters throughout, complementing the exquisite millwork and molding details in every room. All windows have been recently replaced, ensuring both energy efficiency and a fresh, modern feel.The main living area features large windows that offer stunning views of the park-like backyard, along with custom built-ins, and opens to the formal dining room-perfect for entertaining. The spacious secondary family room, with plush carpeting, provides a comfortable and inviting space for casual gatherings.The island kitchen offers ample storage, while the cozy breakfast room includes a fireplace and direct access to the outdoors. Step outside to enjoy the covered patio, an ideal spot for relaxing and taking in the serene backyard.Downstairs, you'll find a secondary bedroom and bath for added convenience. Upstairs, the master suite is a true retreat with a private balcony, an ensuite bath with dual vanities, and two walk-in closets. Two additional secondary bedrooms share a Jack-and-Jill bath, and a private study with handsome built-ins offers the perfect space for work or relaxation.Residents of Deerfield enjoy access to a community pool, courts, and park/playground. Located in a central location with top-rated NEISD schools, this home offers both convenience and comfort.
Source: SABOR #1909800
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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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.