4469 Water Leaf Cv, Gulf Breeze, FL 32563
4 beds · 3 baths · 2,304 sqft
Set on the largest lot in the neighborhood, this charming 4-bedroom, 3-bath home offers a welcoming blend of comfort and practicality. The open floor plan is perfect for gatherings, and the spacious screened-in porch provides a cozy spot for relaxing or entertaining. The kitchen is both stylish and functional, featuring stainless steel appliances, granite countertops, a central island, and a pantry for added storage. The primary suite offers a peaceful retreat with a tray ceiling, double vanities, a soaking tub, a separate shower, and a generously sized walk-in closet. The three additional bedrooms provide versatility, perfect for a growing family, home offices, or guest rooms. The backyard offers ample space for a pool, gardening, or a safe area for kids and pets to play. Other notable features include a 3-car garage, hurricane protection devices, a smart home package, and mature landscaping that adds to the home’s curb appeal. Conveniently located in the Gulf Breeze school district, this adorable home is just a short drive from shopping, dining, and the beautiful Gulf Coast beaches. It’s the perfect place to call home! Assumable VA loan at 2.75% available to VA buyer with full entitlement.
Source: PENSACOLA #657680
All values shown are estimated costs / mo.
Source: Public records
Source: PENSACOLA #657680
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 of Equal Opportunity Act.