1640 Quartz Ave, Cantonment, FL 32533
3 beds · 3 baths · 2,028 sqft
Meticulously maintained craftsman style home in a quiet, peaceful neighborhood. This 3 bedroom 2.5 bathroom home has all the features you could hope for in a 2021 build with high end finishes and upgrades beyond the norm. Enjoy a back yard patio designed for outdoor living, an open concept kitchen equipped to entertain, and a master's ensuite featuring a custom designed floor to ceiling tiled shower. The tray ceilings in the open concept living room are mirrored in the master suite creating a spacious atmosphere in the most important spaces. The kitchen features a large 7' prep island donned with granite countertops cut from single stone over-looking the living room to create a seamless flow from living to eating and entertaining. Stainless steel appliances, a gas stove range, and shaker cabinets create an elegant appeal to the finishing touches. Enjoy a relaxed breakfast at the island bar, or a full spread at the dining table without feeling disconnected. 2 bedrooms and 1 full bathroom lie at the south end of the floor plan creating space and privacy between your master suite and the additional rooms. A flex room is positioned just left of the front foyer creating that extra sense of privacy and purpose to focus on what you love- whether you're looking for an in home office, library, lounge, or kids play room. The double car garage has been doubly cared for with brand new epoxy coating flooring throughout to bolster durability and plenty of storage around for organizing those necessities. Upon entering the home from the garage, drop your things neatly in the custom built mudroom nook equipped with a bench, under/over cubbies, and coat hooks for everyone. The whole home features a brand new Generac providing no lapse in complete home functionalities upon power outages, and a tankless water heater to ensure you're never without. From the interior functionalities to the expansive outdoor living to enjoy lounging and grilling, this is the home you've been dreaming of.
Source: PENSACOLA #655199
Interest rate and monthly payment estimated based on public records.
Source: PENSACOLA #655199
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #655199
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.