11013 Coues Dr, Pensacola, FL 32526
4 beds · 3 baths · 2,304 sqft
Get a free consultation call with an expert in the mortgage assumption process.
This stunning maintained home features 4 spacious bedrooms and 3 full bathrooms, making it perfect for families of all sizes. The 3-car garage offers ample storage and convenience. Every room is enhanced with custom blinds, adding a touch of elegance. Step into the extra-large open living area, adorned with a trey ceiling and recessed lighting, creating a warm and inviting atmosphere. The large dining area and breakfast nook provide plenty of space for gatherings and meals. The modern kitchen boasts granite countertops and all stainless steel appliances, including a dishwasher, stove, and microwave. The generously sized laundry room comes equipped with custom cabinets for organization. The master bedroom features a trey ceiling and ceiling fan, providing a serene retreat. The luxurious master ensuite includes a large shower and seperate tub, granite top double vanity, custom-built cabinets and a walk-in closet with tailored shelving for optimal storage. Each of the three additional bedrooms are spacious, and the front additional bedroom includes a mounted flat-screen TV, which conveys with the house. The sellers have poured love and care into this home, adding numerous upgrades that set it apart from others in the neighborhood. Notable upgraded home improvements made by the owners include reinforced attic flooring for extra storage, upgraded carbon monoxide smoke detectors, a shadow-box privacy fence, and security cameras covering both the front and back of the property, added gutters, an enlarged back patio with extended concrete, soffit lights around the entire house, and an irrigation system for a lush front and back yard. A 10x12 Tuff shed with storage racks and the added concrete slab offers storage for a utility trailer or for your outdoor toys or an area for multi-use for your outdoor needs, outside electrical wiring on the back patio allows for easy setup of the included flat-screen TV. This home is truly a step above the typical options in the area!
Source: PENSACOLA #660402
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: PENSACOLA #660402
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.