2300 Belleflower Rd, Pensacola, FL 32526
4 beds · 2 baths · 1,653 sqft
Move in ready tastefully remodeled home and separate workshop is ready for the family. Abundant natural light showcases the natural color theme which flows through the newly expanded foyer and front door and all new interiors. Slow down and unwind on your cozy covered front porch inviting an afternoon ice tea break in your rocking chairs, which will covey to the new owners. The lighting fixture on the porch has a hidden plug for all your holiday decorations. Home is all brick with a side entry oversized garage on a 0.40 large corner lot with all new interiors, cabinetry, flooring, lighting, hardware, kitchen, appliances, butcherblock counter tops with a built in charging station, new beautiful hammered copper deep farmhouse sink, new LVP light oak flooring, new patio covered pergola & new baths. Exterior curb appeal was enhanced with new window flower boxes, some new landscaping & landscape rocks and home includes a rainbird sprinkler system that also accommodates a drip system for your potted plants. Termite bond conveys. The separate workshop in the backyard has a separate entrance, electrical & lighting, portable generator, all new raceway flooring and has a roll up and second door. Home has a new pergola and patio was recently painted as well as the garage floor. New ceiling fans include remotes for the workshop. Simply safe security system will convey to new owners. Home is all electric, and septic was recently pumped and re-certified. New drain systems were replaced. Generator in workshop conveys as well. This home has it all and is a delight to show. So many thoughtful & tasteful influences. Home does have hurricane panels and also tons of privacy. Very close to I-10 for access to all hospitals and shopping.
Source: PENSACOLA #653021
Interest rate and monthly payment estimated based on public records.
Source: PENSACOLA #653021
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: #653021
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.