Trending...
- Sploot Vets and DeepScan Launch Exclusive Regional U.S. Partnership to Bring Breakthrough Pet DNA Test to Market
- DOT Miners launches a new cloud mining platform: low threshold, high transparency, and helps promote the inclusion of global digital assets
- DCAS College opens new Representative Office in Malaysian Capital Kuala Lumpur
SAN ANTONIO - iSportsWire -- With mortgage rates still close to 7%, one San Antonio broker is helping buyers secure dramatically lower rates by leveraging a little-known financing strategy.
Krishna Perkins, broker/owner of Maverick Homes and Neighborhoods, recently guided homebuyer Karl Kluthe through a purchase where he assumed the seller's existing VA loan, locking in a 2.375% interest rate in 2025.
"This isn't a trick or temporary buydown," Perkins says. "It's a fully legal, lender-approved process that allows qualified buyers to take over FHA, VA, or USDA loans originated during the low-rate years between 2019 and 2022."
š Why Assumable Mortgages Matter
An assumable mortgage allows a homebuyer to step into the seller's loanākeeping their low rate and favorable terms. While current mortgage rates are over 7%, assumable loans can come with rates in the 2.25% to 3.5% range.
"Karl didn't just get a houseāhe got a payment plan from a different era," Perkins says. "His savings will add up to tens of thousands over time."
More on iSports Wire
ā ļø The Mistake Many Buyers Are Making
According to Perkins, today's buyers often spend $20,000ā$40,000 on rate buydowns to make their payments manageable, without realizing that those same funds could secure an assumable loan with a much lower interest rate and shorter loan term.
"What's worse," he says, "is that many homes sold in this high-rate market had assumable loansābut buyers and agents never asked."
ā Which Loans Are Assumable?
These government-backed loans offer strong protections and transparencyāmaking the assumption process easier when guided correctly.
š¼ How Perkins Helps
Perkins actively locates off-market homes with assumable mortgages through his Perfect Home Finder system. His approach includes:
"Most agents simply aren't trained in this," Perkins says. "But the opportunity is realāand it's right under people's noses."
More on iSports Wire
š¬ Real Client Results
"Krishna was great to work with and I would highly recommend him to anyone! He goes above and beyond to help. His knowledge is second to none."
ā Karl Kluthe, San Antonio Buyer, May 2025
š„ More Education Available
Perkins shares insights on assumable loans, off-market listings, and HUD deals on YouTube at
@livinginnortheastsanantonio.
š Contact
Krishna Perkins
Broker/Owner, Maverick Homes and Neighborhoods
š± 210-260-6617
š www.maverickhomesandneighborhoods.com
š Home Value Reviews: www.homevaluetx.net
Krishna Perkins, broker/owner of Maverick Homes and Neighborhoods, recently guided homebuyer Karl Kluthe through a purchase where he assumed the seller's existing VA loan, locking in a 2.375% interest rate in 2025.
"This isn't a trick or temporary buydown," Perkins says. "It's a fully legal, lender-approved process that allows qualified buyers to take over FHA, VA, or USDA loans originated during the low-rate years between 2019 and 2022."
š Why Assumable Mortgages Matter
An assumable mortgage allows a homebuyer to step into the seller's loanākeeping their low rate and favorable terms. While current mortgage rates are over 7%, assumable loans can come with rates in the 2.25% to 3.5% range.
"Karl didn't just get a houseāhe got a payment plan from a different era," Perkins says. "His savings will add up to tens of thousands over time."
More on iSports Wire
- $750 Million Ketamine Drug Market Withing Reach via New Commissioner's National Priority Vouchers with Anticipated Approval by Year-End for NRx
- NUFABRX awarded Therapeutic Compression agreement with Premier, Inc
- Luxurious Estate in Keenes Pointe Hits the Market at $2.9 Million
- Brenda Cuba: Uniting Passion for Football with Street Fashion
- CredHub and ManageAmerica Partner to Empower Residents Through Seamless Rent Reporting Integration
ā ļø The Mistake Many Buyers Are Making
According to Perkins, today's buyers often spend $20,000ā$40,000 on rate buydowns to make their payments manageable, without realizing that those same funds could secure an assumable loan with a much lower interest rate and shorter loan term.
"What's worse," he says, "is that many homes sold in this high-rate market had assumable loansābut buyers and agents never asked."
ā Which Loans Are Assumable?
- FHA Loans ā Common among first-time buyers
- VA Loans ā Even non-veterans can assume in many cases
- USDA Loans ā Available in rural and suburban areas
These government-backed loans offer strong protections and transparencyāmaking the assumption process easier when guided correctly.
š¼ How Perkins Helps
Perkins actively locates off-market homes with assumable mortgages through his Perfect Home Finder system. His approach includes:
- Connecting with sellers who may not know their loan is assumable
- Vetting homes with low-rate government-backed loans
- Guiding buyers through the FHA, VA, or USDA assumption process
"Most agents simply aren't trained in this," Perkins says. "But the opportunity is realāand it's right under people's noses."
More on iSports Wire
- TKSoftware Inc. Unveils ICONIC Pro: The AllāInāOne Medical Billing & Clearinghouse Solution
- The Willingness To Persist Is Often More Important Than Ability
- Baker Rights and Coercive Psychiatry: The Citizens Commission on Human Rights of Florida Hosts Monthly Mental Health Law and Human Rights Seminars
- Venardi Zurada LLP Offers Legal Support to Families After Deadly Lake Tahoe Boat Capsizing
- Elevated Healing Treatment Centers: Redefining Mental Health Care with Compassionate, Evidence-Based, and Accessible Services
š¬ Real Client Results
"Krishna was great to work with and I would highly recommend him to anyone! He goes above and beyond to help. His knowledge is second to none."
ā Karl Kluthe, San Antonio Buyer, May 2025
š„ More Education Available
Perkins shares insights on assumable loans, off-market listings, and HUD deals on YouTube at
@livinginnortheastsanantonio.
š Contact
Krishna Perkins
Broker/Owner, Maverick Homes and Neighborhoods
š± 210-260-6617
š www.maverickhomesandneighborhoods.com
š Home Value Reviews: www.homevaluetx.net
Source: Maverick Homes And Neighborhoods
Filed Under: Financial
0 Comments
Latest on iSports Wire
- Dr. Jacqueline West Honored as Best Dentist in JAX by Folio Weekly
- Exciting News: Pivotal Health Solutions Acquires Revolutionary Portable Parallel Bars
- Miboxer Achieved New Goal in GILE 2025
- Jeopardy!'s Ken Jennings Headlines National Mensa Event
- Mensa Foundation Prize Awarded to Neuroscientist-Pianist
- New book, "High-Tech Heroes," redefines billionaire as someone who improves a billion lives
- Durex Products Wire Cloth Screen Media: Engineered for Maximum Performance and Durability
- OPRAH.COM Featured Award-Winning Novel AS FAR AS YOU GO BEFORE YOU HAVE TO COME BACK now Available as Audiobook
- How Kallie Boxell Helps Texas Companies Solve the Talent Equation
- KeysCaribbean Vacation Home Rentals Offers Last-Minute Booking Discount of 15 Percent
- Navigator NIL/Announces Signing of Dynamic Georgia Linebacker Kiersten Lee
- purelyIV Blog Named One of the Top 45 IV Therapy Blogs by Feedspot
- purelyIV Launches Mobile Iron Infusion Therapy for Patients with Iron Deficiency Anemia
- Smile Makers Dental Care Introduces FP1: East Bay's First Robotic-Assisted Full-Arch Implant Solution for Natural, Fixed Smiles
- DCAS College opens new Representative Office in Malaysian Capital Kuala Lumpur
- GMO Miner: Creating a simple, efficient and reliable new cloud mining experience
- DOT Miners launches a new cloud mining platform: low threshold, high transparency, and helps promote the inclusion of global digital assets
- Fray Fitness and Truemed Partner to Enable HSA/FSA-Funded Fitness Equipment Purchases
- Crazy Discount Codes App Transforms Mobile Shopping With Real-Time Deals
- Sploot Vets and DeepScan Launch Exclusive Regional U.S. Partnership to Bring Breakthrough Pet DNA Test to Market