3826 Ranch Rd, Milton, FL 32571
3 beds · 2 baths · 2,090 sqft
Price Adjusted! Welcome to 3826 Ranch Rd, a nearly new 3-bedroom, 2-bathroom home with 2,090 sq ft of living space, located in one of Pace's most sought-after neighborhoods. Built just a year ago, this home offers a beautiful brick exterior with Hardi accents and a split floor plan designed for both style and privacy. Inside, large windows with cordless faux wood blinds fill the space with natural light. The living room boasts crown molding, a ceiling fan, and a remote-controlled fireplace, providing a cozy space to relax. The kitchen is a chef’s dream and the heart of this home. Featuring a large island with power outlets, maple wood cabinets with soft-close drawers, granite countertops, modern lighting, a spacious pantry, and an open layout, it makes the perfect space for entertaining. The primary bedroom is a private retreat with a tray ceiling, ceiling fan, and ensuite bathroom featuring dual vanities, a large walk-in closet, a soaking tub, a separate shower, and a private water closet. The two additional bedrooms are generously sized and wired for ceiling fans, ensuring comfort for family and guests. Out back, the covered porch and extended paver patio offer the perfect outdoor space. The home backs up to a greenbelt, offering privacy, while a three-sided privacy fence ensures seclusion without sacrificing access to the green space. Eco-conscious buyers will appreciate the 14-panel solar array that helps keep energy costs down. The 2-car garage adds extra storage, and the home is within walking distance of neighborhood mailboxes. Conveniently located near Benny Russell Park and its splash pad, this home is also just 25 minutes from downtown Pensacola, 35 minutes from Pensacola Beach, and 45 minutes from Navarre Beach. With modern upgrades, a prime location, and Buyer Concessions Available, this charming home is waiting for you. Schedule a tour today!
Source: PENSACOLA #644244
Interest rate and monthly payment estimated based on public records.
Source: PENSACOLA #644244
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: #644244
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