San Antonio's Assumable Mortgage Experts

Stop Paying 6.5%.
Assume a Rate
Instead.

What if you could buy a home in San Antonio at 2.45%? We find the home, help you make the offer, and guide you all the way through closing — at zero cost to you. We are based in San Antonio and work with buyers across the country.

Zero Fees — Ever
VA & FHA Specialists
San Antonio & Nationwide
San Antonio Texas neighborhood homes
San Antonio MLS 800+ Assumable Loans
Rates Available Under 4%: 400+ Homes
Our Service Fee $0 — Always
Average Timeline 60–70 Days
VA Assumption Fee Only 0.5%
Based in SA Serving All 50 States
San Antonio MLS 800+ Assumable Loans
Rates Available Under 4%: 400+ Homes
Our Service Fee $0 — Always
Average Timeline 60–70 Days
VA Assumption Fee Only 0.5%
Based in SA Serving All 50 States
The Numbers

The Rate You Assume
Changes Everything

Real scenarios across a range of home prices and assumed rates — this is what the savings look like on actual San Antonio area homes.

All calculations based on 30-year amortization.
Principal & interest only. Verified figures.
30-Year Interest Paid: Side by Side
$364,000 loan — same home, same price, very different rate
6.50%
New Loan
$464,263 in interest
$464,263
2.75%
Assumed
$170,960 in interest
$170,960
$293,303 saved in interest
That's money that stays with your family — not the bank — over the life of the loan.
The Process

Four Steps.
Zero Fees.

01

Book a Free Call

We start by learning about your situation, goals, and budget. We check your eligibility and make sure an assumable mortgage is the right path — no pressure, no obligation.

02

Find the Right Home

We dig through San Antonio's 800+ assumable listings — and across Texas and beyond — to find homes with the rates and loan-to-value ratios that actually work for your situation.

03

Make a Strong Offer

We help you structure the offer correctly using the TREC Loan Assumption Addendum and submit everything to the seller's servicer the right way, the first time.

04

Close at Your New Rate

We stay by your side through lender approval and closing. The day you get your keys, you start saving — and keep saving for decades.

Home closing
With you through closing day Full support from first call to keys in hand
What to Expect

Honest Timelines.
No Surprises.

Assumption transactions take longer than a standard purchase — and we'll be upfront about that from day one.

21
Days — Best Case
When everything aligns
A clean file, a cooperative servicer, and documents submitted correctly the first time can get you to closing faster than you'd expect. Rare, but it happens.
60–70
Days — Most Common
The typical experience
This is what most clients experience. We submit everything correctly, stay on top of the servicer, and keep the deal moving so nothing stalls on you.

The wait is worth it. On a $287,500 home at 2.45% vs. 6.75%, you recoup a 70-day wait in under three months of payments — then save $641 every single month for the life of the loan. Timelines can vary by servicer and state. We work with buyers across the country and will set clear expectations for your specific situation from day one.

What Clients Are Saying

Real People. Real Savings.
Real San Antonio.

From the North Side to New Braunfels, here's what buyers across the area are saying about working with Assume A Rate LLC.

VA & FHA Loans

Veterans, Active Duty,
and Civilian Buyers — All Welcome.

You don't need to be a veteran to assume a VA loan. But veterans have a powerful additional option when it comes to entitlement.

Anyone Can Assume a VA Loan

Military service is not required. If you qualify financially with the lender, you can take over a veteran's locked-in low rate. The VA benefit travels with the loan, not the person.

Entitlement: Swap It or Leave It Behind

A veteran seller can swap their entitlement with a veteran buyer, freeing them to use their VA benefit again on a future home. Entitlement can also be left behind, which opens additional flexibility for how the buyer may use the property. Every situation is different — we'll walk through yours.

🏠

FHA Loans Are Also Assumable

All FHA loans are assumable by law. Existing mortgage insurance stays in place, no upfront PMI, no appraisal required. A solid path when the rate and numbers make sense.

A Note on Gap Financing in Texas

In some states, second mortgage programs exist to bridge the gap between the assumed loan balance and the sale price. In Texas, this path is significantly more limited — which is why we focus on high loan-to-value properties. If you are buying in another state, gap financing options may be more available and we can help you explore those.

VA Assumption vs. New VA Loan — The Cost Difference
2.15%
Funding Fee
New VA Purchase
0.5%
Funding Fee
VA Assumption
Required
Appraisal
New Purchase
None
Appraisal
Assumption
~$6,996 saved in fees alone
On a $424,000 assumption vs. a new VA loan
Before counting a single dollar of rate savings
San Antonio & Texas Market

The Opportunity Is
Right Here, Right Now.

San Antonio has one of the strongest assumable mortgage markets in the state. We live and work here, and we know this market better than anyone. While most of our clients are in San Antonio and the surrounding areas, we help buyers nationwide.

800+
Assumable loans on San Antonio MLS right now
400+
Available with interest rates under 4%
10+
Listings under 3% with 90%+ loan-to-value
$1,078
Monthly savings on a typical $589k VA assumption at 3.5% vs. today's 6.5%
Our Commitment
Zero Cost to You.
Always.

As buyers, you pay nothing out of pocket for our services. We work the same way a traditional real estate transaction does: seller-paid commissions are standard in every home sale, and we negotiate those on your behalf as part of the deal. You get expert assumption guidance, a licensed agent in your corner, and the full process handled start to finish. At no cost to you.

Buyer Out-of-Pocket
$0
Our Agent Commission
Seller-Paid
SAN ANTONIO, TEXAS
Alberto Moravia
Founder, Assume A Rate LLC
TREC CE Instructor — Course #50109
Who We Are

San Antonio Roots.
Real Expertise.

Assume A Rate LLC was born right here in San Antonio with one mission: make assumable mortgages accessible to everyone — with full support and zero fees. We are headquartered in San Antonio and work with buyers across the country — though most of our clients are right here in the Alamo City and surrounding areas.

TREC-Approved CE Instructor

Alberto teaches "VA & FHA Assumable Loan Essentials" (Course #50109) to licensed agents across Texas. You're working with the person who literally wrote the CE course on this topic.

We Find It, Offer It, and See It Through

We don't hand you a list and wish you luck. We find the right home, structure the offer, manage the servicer relationship, and stay with you until keys are in hand.

Based in San Antonio, Available Nationwide

San Antonio is home and where most of our work happens. But assumable mortgages exist in every state, and we work with buyers across the country. Wherever you are buying, the process and our commitment are the same.

FAQ

Common Questions

Everything you need to know about assumable mortgages, VA entitlement, and how we work.

Still have questions? Book a call →
Do I need to be a veteran to assume a VA loan?
+
No — anyone who meets the lender's credit and income requirements can assume a VA loan. Military service is not required. The seller's VA entitlement stays attached to the loan until it's paid off or refinanced, unless it's swapped with a veteran buyer.
What is VA entitlement and why does it matter to the seller?
+
VA entitlement is the benefit that allows a veteran to purchase with a VA loan. When a veteran sells via assumption, they can swap their entitlement with a veteran buyer (freeing them to use VA again) or leave it behind. We'll walk you through the implications for your exact situation.
What if the sale price is higher than the loan balance?
+
You'd need to cover the difference in cash. In Texas, second mortgage options for assumptions are very limited, which is why we focus on high loan-to-value properties to minimize the gap. In other states, gap financing programs exist and we can help explore those if you're buying outside Texas.
How long does the assumption process take?
+
Most transactions close in 60–70 days. In exceptional cases with fast-moving servicers and clean files, it can close much faster. We stay on top of every step and keep you informed so you're never left in the dark.
What does it actually cost to assume a VA loan?
+
The VA charges a 0.5% assumption funding fee on the remaining loan balance — compared to 2.15% on a new VA purchase. There are also small lender processing fees around $300. No appraisal required. Our service? Zero.
Can an assumed home be used as an investment property?
+
It depends on the structure. If a veteran seller leaves entitlement behind rather than swapping it, the buyer isn't using VA eligibility — which can open the door to investment use in certain scenarios. This is nuanced and situation-specific — book a call and we'll walk through yours.
Do you work with buyers outside San Antonio?
+
Yes. San Antonio is home base and where most of our volume is, but we work with buyers in every state. The assumption process is fundamentally the same nationwide. Gap financing options, timelines, and servicer behavior can vary — we will walk you through what to expect for your specific market.
What is the difference between a simple assumption and a novation?
+
A simple assumption transfers the payment obligation to the buyer, but the seller remains liable. A novation fully transfers both the loan terms and liability through the lender, releasing the seller entirely. We always pursue novation assumptions to protect the seller and complete the transaction properly.
Get Started

Ready to Assume a Better Rate?

Whether you're ready to talk now or want to learn more first, we have you covered.

Book a Free 15-Minute Call

Talk directly with Alberto. We'll review your situation, answer every question, and map out your path to a low-rate home. Zero pressure, zero cost.

Schedule Now →

Get the Free Assumable Guide

Not quite ready to call? Get our free guide covering VA and FHA assumable mortgages — the process, what to watch for, and how to find the right home.

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