10783 TRAILBLAZER WAY, Pensacola, FL 32506
Step into this stunning 4-bedroom, 3-bathroom, two-story residence that effortlessly blends modern convenience with timeless elegance. Nestled in a quiet and friendly community, this home is close to top-rated schools, shopping centers, and recreational facilities, ensuring convenience and a high quality of life. With 4 generously sized bedrooms, including a luxurious master suite, this home provides ample space for relaxation and privacy. The open floor plan connects the living, dining, and kitchen areas, creating a perfect setting for entertaining. The heart of the home is the gourmet kitchen, equipped with top-of-the-line appliances, beautiful cabinetry, and a large island with seating. Whether you’re hosting a dinner party or preparing a family meal, this kitchen makes cooking a delight. The three full bathrooms are tastefully designed with high-end finishes, providing a spa-like experience at home. Enjoy lower electricity costs with the home’s state-of-the-art solar panels, a feature that not only benefits the environment but also keeps your utility bills in check. Step outside to a beautifully landscaped yard, perfect for outdoor gatherings or simply unwinding after a long day. The backyard offers plenty of space for children to play, or for you to create your own garden retreat. Meticulously maintained and updated, this home is ready for you to move in and start creating memories. Ask about the assumable VA loan option.
You may be able to put down less than the total down payment amount of $162,510 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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 580, 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.
Frequently asked questions
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #650430