4674 Kimberly Dr, Pensacola, FL 32526
3 beds · 1 baths · 900 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome home to this beautifully remodeled 3-bedroom, 1-bathroom gem in an established neighborhood! Move-in ready and brimming with modern upgrades, this home is designed for comfort and effortless entertaining. Step into the inviting living room, where natural light fills the space, leading you down a hallway to three cozy bedrooms and an updated bathroom. The bathroom remodel boasts a stylish new vanity, a tiled shower/tub combo, and updated lighting for a fresh, modern feel. The heart of the home is the functional and stylish kitchen and dining area, designed with everyday living in mind. The kitchen features brand-new cabinets and hardware, durable granite countertops, a sleek new backsplash, and all-new stainless steel appliances. Adjacent to the kitchen, the dining area provides a comfortable space for meals and gatherings, with a door leading to the outdoor utility room, where the washer and dryer stay with the home. A set of French doors from the kitchen opens into the home's crown jewel—a stunning 19x20 covered outdoor entertaining space! Designed for year-round enjoyment, this massive outdoor retreat is ideal for hosting family gatherings, watching the big game on a large-screen TV, or simply unwinding with dinner under the stars. The space seamlessly flows into the large backyard, where a charming bench swing invites you to relax and enjoy Florida’s cooler evenings. New ceiling fans throughout add comfort and style, ensuring every room feels just right. This home truly offers the best of indoor and outdoor living—modern updates, a fantastic layout, and an entertainer’s dream backyard. Don’t miss your chance to own this move-in-ready beauty! 3/23--replaced sewer lines, 4/22--roof replacement and HVAC.
Source: PENSACOLA #661940
Source: PENSACOLA #661940
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 and Equal Opportunity Act.