1001 Goose Bayou Rd, Lynn Haven, FL 32444
3 beds · 2 baths · 2,200 sqft
Get a free consultation call with an expert in the mortgage assumption process.
This beautiful home sits on a desirable corner lot, offering spacious living at 2,200 square feet. Recently renovated, the property boasts a new roof in 2019 updated windows, ensuring both style and energy efficiency. Remodeled kitchen with stainless steel appliances & quartz countertops, As you step inside, you'll be greeted by a large living room that provides ample space for relaxation and entertainment with cozy fire place The adjacent family room is perfect for casual gatherings or cozy nights in. The layout is thoughtfully designed with functionality in mind, providing a seamless flow between the living areas. A separate garage offers extra convenience, with additional storage space to keep your home organized. Plus, there's a bonus rooma"ideal for a home office, gym, or creative space. This home combines modern upgrades with plenty of room for customization, making it an ideal choice for anyone looking to settle into a comfortable, well-maintained space.
Source: EMERALDCOAST #969578
Source: EMERALDCOAST #969578
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 620, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.