4399 Winona Ln, Milton, FL 32571
3 beds · 2 baths · 1,741 sqft
This very well maintained and updated home that was built in 2017 is move-in ready. You will notice as you walk into this 3 bedroom, 2 bathroom house that the original owner added many upgrades at time of build and even after construction has added many upgrades. This home offers an inviting open floor plan, wood floors throughout the living areas with tile in the wet areas and carpet in the bedrooms. Granite countertops throughout and stainless steel appliances adorn the large kitchen with plenty of counter space and cabinet space for all of your needs. There are added pull-out drawers in cabinets, under-cabinet lighting, under sink lighting and garbage disposal control has been installed. This home features gas appliances including, stove/oven, furnace, tankless water heater as well as a plumbed outdoor grill. Large master bedroom with tray ceiling and crown molding and large walk in primary bedroom closet. Crown molding throughout the home has also been added. Attic space has added pull-down ladder and plywood flooring to add for extra storage space in attic. Privacy fence is 7 ft tall on sides of home. Gutters surround the home to help protect the lush yard and landscaping and the yard includes an added storage shed in back yard. This yard and home have been meticulously maintained and you will be impressed by all the extra storage space and organization this home has to offer. Call today for any questions or to schedule a private tour.
Source: PENSACOLA #650392
Source: PENSACOLA #650392
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: #650392
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.