Trending...
- Street Smart, Future Ready Audible Edition Soars to #1 New Release on Audible!
- MLM Unlimited Enterprise, LLC Announces DBE Certification
- 2025 HFM Symposium - Optimizing the Management of Transthyretin Amyloid Cardiomyopathy (ATTR-CM) in Patients with Heart Failure
SAN ANTONIO - JerseyDesk -- 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."
🔍 Why Assumable Mortgages Matter
An assumable mortgage allows a homebuyer to step into the seller's loan—keeping 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 house—he got a payment plan from a different era," Perkins says. "His savings will add up to tens of thousands over time."
More on Jersey Desk
⚠️ The Mistake Many Buyers Are Making
According to Perkins, today's buyers often spend $20,000–$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 loans—but buyers and agents never asked."
✅ Which Loans Are Assumable?
These government-backed loans offer strong protections and transparency—making the assumption process easier when guided correctly.
💼 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 real—and it's right under people's noses."
More on Jersey Desk
💬 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."
— Karl Kluthe, San Antonio Buyer, May 2025
🎥 More Education Available
Perkins shares insights on assumable loans, off-market listings, and HUD deals on YouTube at
@livinginnortheastsanantonio.
📞 Contact
Krishna Perkins
Broker/Owner, Maverick Homes and Neighborhoods
📱 210-260-6617
🌐 www.maverickhomesandneighborhoods.com
📊 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."
🔍 Why Assumable Mortgages Matter
An assumable mortgage allows a homebuyer to step into the seller's loan—keeping 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 house—he got a payment plan from a different era," Perkins says. "His savings will add up to tens of thousands over time."
More on Jersey Desk
- United States Congressional Candidate Peter Coe Verbica Unveils 25-Point Federal Plan to Help Make California Affordable Again
- D8Averse Launches D8Acapture: Disruptive Mobile-First App Transforms Utility Pole Data Collection
- Experience Trembling Firsthand with the New AgeMan® Tremor Simulator
- Mauro Schnaidman named as Managing Director in Miami, Florida
- Corner Property Management Appointed Managing Agent for Minneakoning Business Center in Flemington
⚠️ The Mistake Many Buyers Are Making
According to Perkins, today's buyers often spend $20,000–$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 loans—but buyers and agents never asked."
✅ Which Loans Are Assumable?
- FHA Loans – Common among first-time buyers
- VA Loans – Even non-veterans can assume in many cases
- USDA Loans – Available in rural and suburban areas
These government-backed loans offer strong protections and transparency—making the assumption process easier when guided correctly.
💼 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 real—and it's right under people's noses."
More on Jersey Desk
- AT Information Products Expands U.S. Access to the Markoprint X1Jet Family of High-Performance Inkjet Printers
- Continued Streak of Recognitions with Multiple Chambers and Partners Rankings
- Anern Shines at SOLAR AFRICA Kenya with Solar Lithium Battery Storage Technology
- Last Call - Submit Your Proposal for the 2025 OpenSSL Conference in Prague
- Veritext Legal Solutions Participates in Spectrum360's Annual "A Walk for a Lifetime"
💬 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."
— Karl Kluthe, San Antonio Buyer, May 2025
🎥 More Education Available
Perkins shares insights on assumable loans, off-market listings, and HUD deals on YouTube at
@livinginnortheastsanantonio.
📞 Contact
Krishna Perkins
Broker/Owner, Maverick Homes and Neighborhoods
📱 210-260-6617
🌐 www.maverickhomesandneighborhoods.com
📊 Home Value Reviews: www.homevaluetx.net
Source: Maverick Homes And Neighborhoods
Filed Under: Business
0 Comments
Latest on Jersey Desk
- Celebrating Father's Day Weekend with Free Admission for the entire Family, AKC Dog Show, Best in Show and Puppy Event, Product Vendors
- LIB Continuous Innovation: Custom Rain Test Chambers & IP Labs
- csky.ai & DuoKey Launch Secure AI Transcription Solution for Microsoft 365
- PlayClay.io Launches Streamlined Quoting Platform for Manufacturers' Reps and Distributors
- Corner Property Management Now Managing Van Wagenen Terrace COA in Jersey City, NJ
- Street Smart, Future Ready Audible Edition Soars to #1 New Release on Audible!
- 2025 HFM Symposium - Optimizing the Management of Transthyretin Amyloid Cardiomyopathy (ATTR-CM) in Patients with Heart Failure
- MLM Unlimited Enterprise, LLC Announces DBE Certification
- Let's Talk Series: At the Crossroads: Immigration Today
- Cyta Cyprus Selects Axiros' AXESS Platform for Cloud-Native, Data-Driven Device Management
- Protiviti Congratulates Brand Ambassador Jennifer Kupcho on Victory at ShopRite LPGA Classic
- DealMagik Successfully Concludes National Floral Design Contest with Over 150 Submissions
- From Corporate Layoffs to Entrepreneurship: Wingman Offers a New Path Forward
- 2025 HFM Symposium - Managing Hyperkalemia in Heart Failure: Implementing Strategies to Reduce Patient Risk
- Behavioral Health Advocates to Hold Joint Capitol Hill Press Conference on June 11
- WORLD INSURANCE ASSOCIATES ANNOUNCES BRAND REFRESH, STATES VALUE FOR CLIENTS AND PARTNERS
- VNBTC Becomes The Top Crypto Investment Platform As Its Bitcoin Cloud Mining Solution Goes Viral
- Advanced Solar Space Technology; Record Efficiency of 15.7%; Agreement to Provide NOVI Space with Rollable PV Array Blankets for Space Launch in 2026
- Urgent Reform Demanded to Stop Child Abuse in Youth Behavioral Facilities
- Cyrus O'Leary's Mini Cream Pies - The Latest Dessert Innovation from Sara Lee Frozen Bakery Delivers Indulgence in Single-Servings