177 Texas Thistle New Braunfels, TX 78130
Your savings
About this home
ASSUMABLE LOAN AT 2.75 INTEREST RATE FOR ALL BUYERS, buyer does not need to be a Veteran, INVESTORS WELOME. Welcome to this beautifully maintained and spacious two-story home that combines thoughtful upgrades with functional living spaces. Downstairs, you'll find an open-concept layout that seamlessly connects the living room, dining area, and kitchen-perfect for entertaining or everyday living. A 4th bedroom or a office are downstairs and convenient half bath provide flexibility for work-from-home or guest use. Upstairs features three bedrooms, two full baths, and a large game room ideal for family fun, movie nights, or a playroom. This home is packed with valuable upgrades, including: gutters installed around the entire home, solar screens on all windows for added energy efficiency, insulated garage door, ceiling fans in every room-including the garage, storm doors and a stained backyard fence for enhanced curb appeal and durability, HVAC system with cleaned-out drum and an ultraviolet light in the blower to help kill airborne bacteria, brand new 50-gallon water heater, new dishwasher and a two-year-old range, and additional storage shed in the backyard for extra convenience. Don't miss this move-in ready gem that offers comfort, style, and smart upgrades throughout!
Source: SABOR #1864946
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.