3342 Chantarene Dr, Pensacola, FL 32507
4 beds · 4 baths · 2,775 sqft
**BACK ON THE MARKET, NOT DUE TO ANY FAULT OF THE SELLER!** **Listed price to sell, motivated seller!** An **assumable VA loan at 3% is available for veterans**, making this home an incredible opportunity in the picturesque Chanterene neighborhood. Discover the perfect blend of luxury and comfort in this stunning 4-bedroom, 3.5-bathroom home, boasting over 2,700 sq. ft. of beautifully designed living space. This home comes equipped with a GENERAC generator, whole-house water purification system, and a double-insulated attic for enhanced energy efficiency. The master suite is located on the main level, while the fourth bedroom could be considered a second primary suite with its own en suite bathroom and custom walk-in closet. Each bedroom offers ample space and comfort, and the master bathroom is a true retreat with a luxurious soaking tub, walk-in shower, and double sink vanity. Custom walk-in closets throughout the home provide abundant storage, and the outdoor courtyard offers a private oasis perfect for entertaining or quiet evenings at home. Situated within walking distance to the prestigious Pensacola Country Club and minutes from the Pensacola Yacht Club, this home provides easy access to premier leisure and recreational facilities. Chanterene also features a waterfront common area where you can enjoy breathtaking sunrises, sunsets, or even watch the renowned Pensacola Blue Angels soar across the sky. Additional highlights include a modern, well-appointed kitchen, open-concept living and dining areas, and high-end finishes throughout. Don't miss out on this exceptional home with little to no yard maintenance. Schedule your
Source: PENSACOLA #646001
Source: PENSACOLA #646001
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: #646001
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.