5328 Talon Rd, Milton, FL 32571
4 beds · 2 baths · 1,856 sqft sqft
Assumable VA loan, 3.125%!! Wonderfully maintained home in very desirable neighborhood within 5 minutes of top-rated public schools, 4 minutes to Publix, and 9 minutes to Target, Starbucks, Chick-fil-a, and other local shopping. It is also convenient to NAS Whiting Field and highly recommended daycares! Lovely curb appeal and beautiful landscaping complement the inviting porch, from which guests can enjoy the peaceful sunset view. The glass storm door allows refreshing sunlight into the warm, welcoming foyer. Just off the spacious foyer is a hallway with two amply-sized guest rooms with newer carpet on either side of the nicely appointed guest bath with granite countertops. Just a bit further down the hall is the private laundry room and additional guest bedroom, perfect for an office if additional bedroom space is not needed. At the end of the hall, the arched entryway gives a nice view of the upgraded kitchen, dining, and living space. In the kitchen, features like a huge island with granite countertop, stainless appliances (new refrigerator and microwave), beautiful cabinetry, and a pantry make this space a chef’s dream! The clear view of the spacious dining area and living room ensures the family chef is never left out of family gatherings. The entertaining space continues on the covered rear patio overlooking the large, fully-fenced back yard with plenty of room for kids and pets to play. At the end of an evening of hosting guests, the homeowner is welcomed to the owner’s suite which truly feels like a spa retreat. At the back corner of the home with a view of the back yard, the bedroom has privacy away from the other bedrooms, and there is newer carpet and plenty of space for large furnishings. The luxurious bath includes a tile shower with glass door, separate garden tub with privacy glass window, double sink vanity with granite countertop, water closet for privacy, and a large walk-in closet. This home truly has it all! Call to schedule your showing today!
Source: PENSACOLA #654313
Interest rate and monthly payment estimated based on public records.
Source: PENSACOLA #654313
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: #654313
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.