2647 Hidden Creek Dr, Navarre, FL 32566
4 beds · 2 baths · 2,285 sqft
Welcome to this beautifully upgraded 4-bedroom home, nestled on a spacious .45-acre lot. As you step inside, you're greeted by the warmth of Cali bamboo flooring that flows gracefully through the living and dining areas, a luxury added in 2018. The kitchen, also renovated in the same year, boasts elegant granite countertops complemented by a stylish backsplash, a new sink, and disposal. This home features a split floor plan, ensuring privacy and convenience, with 2 full baths adorned with tasteful tile in all the wet areas. A notable enhancement includes the removal of popcorn ceilings, giving each room a modern and clean aesthetic. In addition to its four bedrooms and upgraded features, this home boasts an inviting open bonus room, adding versatility and extra space for your lifestyle needs. Located ideally within the floor plan, this bonus room offers a flexible area that can be tailored to suit various purposes. Perfect for creating a home office, hobby room, play area, or a cozy entertainment space, the open bonus room enhances the home's function. Outside, the screened-in patio offers a serene space to relax and entertain. A large concrete pad beckons outdoor activities, perfectly sized for a basketball goal. Imagine cozy evenings gathered around the firepit, creating memories under the starlit sky. Nestled within a vibrant community, this upgraded 4-bedroom home offers not only luxurious living but also access to an array of exceptional amenities. Residents here enjoy the convenience of multiple pools, perfect for cooling off on hot summer days or simply lounging poolside. For the sports enthusiasts, there are well-maintained basketball courts where you can shoot hoops or join pick-up games with neighbors. The community event center provides a venue for hosting celebrations, gatherings, or community meetings. Fitness enthusiasts will appreciate the on-site gym facilities, equipped with modern equipment for maintaining an active lifestyle.
Source: PENSACOLA #648440
Interest rate and monthly payment estimated based on public records.
Source: PENSACOLA #648440
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: #648440
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.