1907 Squirrel Path, Fort Walton Beach, FL 32547
3 beds · 2 baths · 1,172 sqft
Beautifully RENOVATED 3 Bedroom 2 Bathroom Home with a country farm house feel inside. This open concept single story home is nestled on a quiet cul-de-sac and conveniently located close to beaches, bases, shopping, restaurants, and hospitals. As your enter the home, you by a large living room with vaulted ceiling, LVP flooring, ceiling fan, and gorgeous wood burning fireplace. The kitchen offers stained butcher block counter tops, new quiet close cabinetry, floating shelves, shiplap backsplash, island, stainless steel appliances, black hardware, deep sink, and more... The master bedroom is generous in size and offers LVP flooring, ceiling fan, sliding glass door with access the rear deck and beautiful master bathroom. The master bathroom is complete stained butcher block counters, overmounted double vanity sinks, new cabinetry, shiplap, new hardware and more. The home also offers two additional bedrooms with ceiling fans and LVP flooring. The second full bathroom is located just off of the hallway, complete with new vanity, shiplap, floating shelves, mirror, and hardware. The indoor laundry room is located just off of the hallway with access to the garage. The front yard offers a newly added carport for parking, as well as a one car garage. The back yard offers plenty of room for pets or kids and offers two newly added decks and new privacy fence. Home has a NEWER HVAC and hot water heater. This home is offers LOW COUNTY TAXES for lower cost to own! Don't let your opportunity to own this beautifully renovated affordable home slip way...schedule your showing today!
Source: EMERALDCOAST #969797
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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
Source: EMERALDCOAST #969797
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. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
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.
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 “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.
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 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 of Equal Opportunity Act.