313 Grove Park Dr, Niceville, FL 32578
4 beds · 3 baths · 2,831 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Tucked away in the quiet, tree-lined streets of Swift Creek Plantation--one of the area's most coveted non-HOA neighborhoods--sits 313 Grove Park Drive, a home built with intention, pride, and lasting quality. On the market for the very first time since it was crafted by Randy Wise in 2010, this all-brick beauty stands tall behind mature landscaping, its side-facing garage gently cradling the front walk, where a grand brick porch welcomes you home.Inside, the story unfolds across 2,770 square feet of thoughtful design and warm finishes. The moment you step through the door, rich wood-look porcelain tile stretches out before you, running seamlessly through every room. To your right, a bold blue dining room adds a pop of personality, tucked just off the main living area for a bit of separation without feeling closed off. The living room is a showstopperspacious, elegant, and grounded by an all-brick feature wall that anchors the space. Crown molding adds a touch of sophistication, while natural light pours in from a wall of windows across the back of the home, drawing your eye straight to the lush backyard. At the center of it all is the kitchenopen, inviting, and designed to keep you connected. Granite countertops, stone backsplash, solid wood cabinetry, and stainless appliances (including a gas range) make this space as functional as it is beautiful. Three guest bedrooms are spread thoughtfully throughout the hometwo connected by a Jack and Jill bath, currently used as a home office and a gym, and the third perfectly placed as a private in-law suite just off the living room. The master suite is where the story slows down. Tucked away for privacy, it's a true retreat with its own sliding door to the backyard, a spa-inspired ensuite with granite double vanity, whirlpool tub, oversized tile shower, and a generous walk-in closet. Step outside and the story continues. The backyard is a private oasis with a gas-heated, saltwater pool and jacuzzi, wrapped in paver patio and surrounded by nature. Whether you're grilling at the outdoor kitchen, lounging at the bar-style seating, or enjoying a quiet moment under the shade, every corner of this property was made to be lived inand loved. This isn't just a house. It's the kind of place where life unfoldsbeautifully.
Source: EMERALDCOAST #973919
All values shown are estimated costs / mo.
Source: Public records
Source: EMERALDCOAST #973919
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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 and Equal Opportunity Act.