4499 Water Leaf Cv, Gulf Breeze, FL 32563
5 beds · 3 baths · 2,574 sqft
Welcome to 4499 Water Leaf Cove, a beautiful 2022-built home tucked away on a quiet cul-de-sac in Gulf Breeze. This spacious 5-bedroom, 3-bathroom home offers the perfect blend of comfort and functionality, with a thoughtfully designed layout that modern comfort. On the first level, you'll find a formal dining room, a bright and airy eat-in kitchen featuring granite countertops, stainless steel appliances, and a breakfast bar, all filled with plenty of natural light. The kitchen offers a large eat-in area, large enough to accomdate 8-person dining table. A guest bedroom and full bathroom on this level provide convenience for visitors or multi-generational living. Upstairs, the primary suite is a true retreat, featuring a spacious layout with room for a sitting area and a beautiful en-suite bathroom featuring granite countertops. The upper level also boasts a flex space, perfect for a home gym, secondary living area, or playroom. Three additional bedrooms, all equipped with ceiling fans, and another full bathroom complete this level. Throughout the home, new paint adds a fresh and modern touch. Step outside to the landscaped backyard, where an oversized concrete pad is perfect for family dinners and outdoor entertaining. Located on a dead-end street, this home offers peace and privacy while still being conveniently close to everything you need. Situated in a prime location, this home is less than 10 minutes from shopping and restaurants, 30 minutes from Hurlburt Field, and 40 minutes from NAS Pensacola. Schedule your private showing today!
Source: EMERALDCOAST #966492
Financials
Source: EMERALDCOAST #966492
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.