SAN ANTONIO - Tennsun -- 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 tennsun.com

• iVAM2-ST2110 to Simplify IP Transitions and Reduce Monitoring Complexity
• Americans Leave Behind or Discard 42% of Their Belongings When Moving Out for the First Time, Talker Research Finds
• Central Florida Luxury Real Estate Firm DANHOLM COLLECTION Partners with Luxury Presence to Expand Global Buyer Reach
• Advantage Marketing Launches 3-Minute Assessment to Help SMBs Diagnose and Fix Marketing Gaps
• InterMountain Management Announces the Re-opening of Holiday Inn Express & Suites Alexandria

⚠️ 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 tennsun.com

• CB Stuffer Expands New England Footprint with Launch at Common Man Roadside in Hooksett, NH
• Contracting Resources Group Named to the 2026 Inc. Regionals: Mid-Atlantic List
• Dividend Stock Guru Unveils High Yield Dividend Stock Research Reports
• Charging Into the $30 Billion Heart Failure Market with Late-Stage Momentum, Breakthrough Data, & Strong Financial Backing: Cardiol Therapeutics $CRDL
• Owner to Dueño Revolutionizes Homeownership in Memphis with Accessible Owner-to-Owner Financig

💬 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