2544 Caldwell Cir, Milton, FL 32571
3 beds · 2 baths · 1,979 sqft
*Assumable VA Loan Available at 3.75%* Beautiful brick contemporary in the highly desirable Ashley Plantation subdivision of Pace! This turnkey home offers nearly 2,000 square feet including three bedrooms, two full bathrooms, and a separate office. Although the home is only 6 years old, the current owners did a wonderful job adding both character and modern touches like board and batten siding in some rooms, a screened porch, and a brand new tankless water heater. Other architectural details like trey ceilings and arched doorways can be found throughout creating an inviting atmosphere. The main living areas are ideal for entertaining with a wide open kitchen, dining area, and great room. They say the kitchen is the heart of the home and this kitchen is no exception. Its both functional and beautiful with custom cabinets, granite counters, a center island, and a large pantry. Split from the guest rooms is the private primary suite. With views of the backyard and a stunning ensuite bathroom, it's a true oasis. The ensuite has similar finishes as the kitchen like a granite double vanity, as well as a soaking tub, and separate tile shower. It also has a huge walk-in closet so sharing space with your partner will no longer be an issue! Out back is a fully fenced yard with a brand new irrigation system and sod that can be enjoyed from both the paver patio and screened porch. Just imagine hosting barbecues this summer and lounging under that gorgeous pergola! This home is a must-see so schedule a showing today!
Source: PENSACOLA #646076
Interest rate and monthly payment estimated based on public records.
Source: PENSACOLA #646076
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 30-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: #646076
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.