SAN ANTONIO - s4story -- 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 S For Story

• Scott Burton Releases Chaos: The Weight of a Memory, a Poetic Journey Through What Still Lingers
• Hire Virtue Announces Executive Sponsorship Opportunity for Houston Hiring Blitz & Job Fair on August 6, 2025
• Industry Insider Unveils Groundbreaking Car Buying Guide for First-Time Buyers:
• Inked & Maxim Model Teisha Mechetti Turns Heads—And Builds Community Impact
• Twentieth Century Publications Helps Authors Turn Ideas Into Published Success Stories

⚠️ 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 S For Story

• Award-Winning Author Debuts New E-Book
• Authors Release Personal Accounts of the McClure #1 Mine Explosion in VA
• Plan to Launch Silo Technologies' Cybersecurity Pilot Program for Ultimate Nationwide Deployment via Exclusive Partnership: Stock Symbol: BULT
• Robert Michael & Co. Real Estate Team Celebrates Industry Recognition and Showcases Premier Central Florida Listings
• NEW CHILDREN'S BOOK RELEASE: "Mommy, Where Is My Daddy?" by Tracy L. Gray

💬 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