3559 Glasscock Trl San Antonio, TX 78253
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About this home
**FHA ASSUMABLE 3.875% RATE/MONTHLY PAYMENT $2883/MONTH PITI** 6K BUYER CREDIT W/PREFERRED LENDER! LUXURY AT ITS FINEST! GORGEOUS 2-STORY FORMER MODEL HOME 3967 SQ FT LOCATED IN A PRESTIGIOUS GATED COMMUNITY. HEAVY DUTY DIMENSIONAL SHINGLES ROOF INSTALLED 2024. ENTER THROUGH THE 8-FT FRONT WOODEN DOOR AND ENJOY ALL THE BEAUTIFUL FEATURES THIS HOME HAS TO OFFER. GORGEOUS PLANTATION SHUTTERS/CROWN MOLDING/SURROUND SOUND THROUGHOUT HOME. HUGE PRIMARY BEDROOM DOWNSTAIRS W/ A SPA-LIKE BATHROOM, SEPARATE OFFICE W/ BUILT-IN BOOKSHELVES & SEPARATE DINING ROOM, GRAND ELABORATE KITCHEN, THREE LARGE BEDROOMS UPSTAIRS W/ TWO FULL BATHROOMS, MEDIA ROOM, AND GAME ROOM UPSTAIRS, BUILT IN DESK AND GAMEROOM BEVERAGE CENTER. UPGRADED LIGHT FIXTURES THROUGHOUT THE ENTIRE HOME. FOUR SIDES BRICK AND STONE. EXPERIENCE THE OASIS BACKYARD WITH A RICH COVERED FLAGSTONE PATIO/FIREPLACE. THE FRONT CURB APPEAL IS REMARKABLE W/ BEAUTIFUL LIGHTING/LUSCIOUS LANDSCAPING. THREE-CAR GARAGE WITH THE THIRD GARAGE BAY HAVING ITS HVAC SYSTEM /VENTILATION FOR A POSSIBLE FUTURE ROOM CONVERSION/GYM. YOU WILL BE AMAZED!! TOO MANY UPGRADES TO BE NAMED! COME AND MAKE THIS YOUR FAMILY'S HOME TODAY! POOL TABLE CONVEYS! VERY NEAR 1604/151/MEDICAL CENTER AND LACKLAND AIR FORCE BASE. TONS OF LUXURY SHOPPING AND FINE DINING WITHIN A MILE'S RADIUS. 14 MILES FROM LACKLAND AFB AND FORT SAM HOUSTON, 12 MILES TO UTSA AND MEDICAL CENTER, AND 20 MILES TO DOWNTOWN SAN ANTONIO.
Source: SABOR #1881125
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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.