2529 Mccrae New Braunfels, TX 78130
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About this home
Discover this beautifully updated 5-bedroom, 4-bathroom home at 2529 McCrae, New Braunfels, TX. Built in 2018, this spacious 2,667 sq ft residence offers an exceptional floor plan designed for modern living. The main level features a private primary suite, while a versatile flex room can serve as a formal dining area or home office. Upstairs, a large game room provides additional space for relaxation and entertainment. The heart of the home, the kitchen, boasts stainless steel appliances, gas cooking, granite countertops, and a convenient kitchen island, all within an open-concept design perfect for gatherings. Bathrooms are equally impressive with marble counters and stylish tile surrounds. Outside, enjoy professional landscaping, excellent curb appeal, a covered porch, and practical gutters. Nestled in a quiet New Braunfels neighborhood with a playground within walking distance, this home offers both tranquility and convenience. Enjoy easy access to local amenities and attractions like the expansive Landa Park, offering kid-friendly activities and an aquatic center. For thrilling family fun, the renowned Schlitterbahn Waterpark New Braunfels is just a short drive away, and unique entertainment awaits at the Stars & Stripes Drive-In Theatre. This must-see property provides ample space and modern comforts for your family.
Source: SABOR #1906849
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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.