1752 Annie Penton Rd, Jay, FL 32565
4 beds · 3 baths · 2,205 sqft
2021 Built Home~ 1 Acre Property~ Upgraded lighting fixtures ~ Custom Floating Deck in Backyard~ Climate Controlled 2 Car Garage~ This immaculately maintained home is truly something special. Beautiful open concept with triple split bedroom floor plan. Gorgeous kitchen, complete with granite countertops, double oven, walk in pantry, pendant lighting over the island, reverse osmosis filtration system under the kitchen sink, and new peak-a-boo refrigerator. Picture sharing meals in the breakfast nook overlooking the lovely backyard landscaping through the picture window. Great Room has LVP flooring, hop up ceiling and French doors leading to the covered back porch. The primary bedroom is located just off the kitchen, with beautiful carpet and tasteful, updated paint and fixtures. The primary bath has tile flooring, double vanities, large walk-in closet, separated sunken in garden bathtub with tile surround plus and a stand-up tiled shower with a lovely rainfall shower head. The additional bedrooms are on the other side of the home complete with oversized closets. Bedrooms 2 and 3 share a full bath in the hallway with a shower / tub combo and single vanity. The 4th bedroom is tucked in the far-left portion of the home. Perfect for out-of-town guests as it has its own full bathroom just next to it with a single vanity, shower/tub combo, and private linen closet. Walk to the backyard area on to the covered porch, with floating wooden deck and string lighting around the firepit. One half acre is fenced in, and the other half acre is open with a beautiful fenced in garden. Other amenities include Privacy fencing on 3 sides and see through fencing to the back of the property; gutters, pull down-stairs w/ plywood for attic storage, hurricane window covers, and Taexx Pest control tube system throughout the entire home. The water heater is an energy efficient hybrid AO Smith with a transferable 10-year warranty! This home has left no detail behind.
Source: PENSACOLA #656183
Interest rate and monthly payment estimated based on public records.
Source: PENSACOLA #656183
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: #656183
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.