4477 Fiske St, Milton, FL 32571
3 beds · 2 baths · 1,985 sqft sqft
The seller offers a buyer concession; ask your agent for details! This stunning 3-bedroom, 2-bathroom home, built in 2021, provides the perfect blend of modern design, energy efficiency (i.e., low electric bills!) via an eco-friendly solar panel system, and a prime location in the heart of Central Pace. Just a short stroll from Target and other popular shopping and dining options, this home provides unparalleled convenience for everyday living. Discover a thoughtfully designed open-concept floor plan that maximizes space and natural light. The spacious living room serves as the heart of the home, featuring large windows that allow soul-refreshing sunlight to fill the room. The contemporary kitchen is a chef's delight, boasting sleek granite countertops, stainless steel appliances, and plenty of cabinetry for all your storage needs. The primary bedroom suite is a private oasis, offering a generous layout, a door to the covered back porch, and an ensuite bath with a walk-in closet, double vanity, garden tub, and a separate shower. Two additional bedrooms are located down a separate hall near the front of the home, providing privacy and comfort for family members or guests. These bedrooms share a well-appointed second bathroom with modern fixtures and finishes. One of the standout features of this home is the solar panel system, which not only reduces your carbon footprint but also offers substantial savings on electricity bills. The property has a meticulously maintained backyard, perfect for outdoor gatherings or enjoying the Florida sunshine. The covered patio provides a shaded spot for morning coffee or evening relaxation, and the low-maintenance landscaping means you can enjoy your home more while spending less time maintaining it. With its prime location, modern amenities, and eco-friendly features, this home is an exceptional opportunity to experience the best of Central Pace living.
Source: PENSACOLA #651055
Interest rate and monthly payment estimated based on public records.
Source: PENSACOLA #651055
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: #651055
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.