3342 CHANTARENE DR, Pensacola, FL 32507
BACK ON THE MARKET, NOT DUE TO ANY FAULT OF THE SELLER! Discover the perfect blend of luxury and comfort in this stunning 4-bedroom, 3.5-bathroom home located in the picturesque Chanterene neighborhood. With over 2,700 sq. ft. of beautifully designed living space, this home offers everything you need for upscale living. This home comes equipped with a General generator, water purification system and the attic is doubled insulated! Situated just minutes away from the prestigious Pensacola Country Club and the Pensacola Yacht Club, this home provides easy access to premier leisure and recreational facilities. Chanterene features a waterfront common area where you can savor dinner while watching the renowned Pensacola Blue Angels soar across the sky, or simply enjoy breathtaking sunrises and sunsets. Each bedroom offers ample space and comfort, perfect for family or guests. The master bathroom is a retreat with a luxurious soaking tub, a walk-in shower, and a double sink vanity. Generously sized walk-in closets provide plenty of storage. The charming outdoor courtyard is ideal for entertaining guests or enjoying a peaceful evening at home. It's your private oasis for relaxation and social gatherings. Additional highlights include a modern, well-appointed kitchen, open-concept living and dining areas, and high-end finishes and fixtures throughout. Don't miss out on the opportunity to own this exceptional home. Schedule a showing today with your preferred agent and experience the best of Chanterene living!
You may be able to put down less than the total down payment amount of $86,309 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: #646001
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.