2444 BOWLING GREEN WAY, Cantonment, FL 32533
Wow! Upgrades galore! Your new home is located in Glenmoor Trail, just minutes from the Navy Federal Complex and a short drive to Naval Air Station Pensacola and the incredible Pensacola Beaches. This home boasts a fantastic floor plan with new vinyl plank wood flooring in foyer, dining room, office and hallway and carpeting in bedrooms. The kitchen has been updated with new refinished cabinets and all appliances, including two refrigerators, convey. The foyer leads into the great room with trey ceiling, gas fireplace, and recessed lighting. Just off the foyer is the office and formal dining room. The split floor plan lends itself to quiet luxury in the master suite featuring trey ceiling, walk-in closet, and double vanities in the ensuite. There's a guest room at the front of the house with it's own bath. On the opposite side of the home are the other bedrooms, and shared bath. The home is situated on a shaded lot with screened lanai and beautiful freshwater pool for those hot summer months. Outdoor building on cement slab for extra storage. Whole house gas generator and impact resistant windows installed in case of inclement weather. Additional features of this MOVE IN READY home include: laundry with w/d conveyance, sprinkler system, landscaping, surround sound, tile in all wet areas of the home. Upgrades include Roof 2021, Pool Pump 2021, Generator 2022, Shed 2022, HVAC 2023, Impact Glass Windows throughout 2023, Flooring 2024. All floors professionally cleaned prior to listing! This home has it all, and is truly ready for you! Call today to view this beautiful home and make it yours!
You may be able to put down less than the total down payment amount of $206,959 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #649265