209 Wildcat Ct, Destin, FL 32541
3 beds · 2 baths · 1,153 sqft
*This home qualifies for a 100% financing option through Regions Bank!* Welcome home to this beautifully remodeled home in the heart of Destin with custom finishes inside and out! Pride of ownership shows throughout this beauty complete with a new roof and water heater in 2022. Enter inside and immediately appreciate the open floor plan. The custom kitchen is adorned with real wood cabinets, quartz counters, stainless appliances, and a fantastic kitchen island with additional storage. To the side in the living room there is beautiful custom built cedar cabinetry. You'll love the extra touches like crown molding and shiplap throughout the home along with wood shelving in all the closets. Recessed LED lights are in the kitchen and dining space and you'll love all the windows in the common space allowing for natural lighting. Each bathroom has been updated with a walk in tiled shower and updated vanities. There is an interior laundry room space and a one car garage. Outside you'll step into your new covered back patio that leads into the split backyard that's both conveniently paved and landscaped and provides the perfect outdoor space for cookouts and entertaining. On the side of the home an adorable and shiplapped 8x10 hard wood storage shed provides extra space for all your tools and equipment. Enjoy this lovely home in the heart of Destin and within walking distance to a neighborhood park, and just minutes to restaurants, shopping, and the Emerald Coast's famous white sandy beaches.
Source: EMERALDCOAST #959135
Financials
Source: EMERALDCOAST #959135
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.