542 Northern Dancer Dr, Crestview, FL 32539
3 beds · 2 baths · 1,944 sqft sqft
// PRICE IMPROVEMENT // Nestled in a peaceful cul-de-sac, this stunning all-brick 3-bedroom, 2-bathroom home offers an exceptional living experience with easy access to shopping, schools, hospitals, and medical facilities. The property is ideally located in south Crestview, ensuring shorter commutes to Eglin and Duke Field. This home boasts a host of modern upgrades including a newer roof (late 2017), newer HVAC (July 2016), newer windows (October 2019), paint (2020), and newer flooring, ensuring that it's move-in ready and maintenance-free for years to come. Inside, you'll find a spacious living room with vaulted ceilings that create an open and airy atmosphere. The split bedroom floor plan provides privacy and functionality, with a formal dining room perfect for family gatherings. The master suite is a true retreat, featuring a walk-in closet, double sinks, a garden tub, and a separate shower. The kitchen is a chef's dream, equipped with a breakfast bar, stainless steel appliances, an eat-in kitchen area, and a pantry. The family room, complete with a cozy corner fireplace, opens up to a large fenced backyard through sliding glass doors, making it an ideal space for entertaining. Outside, the backyard is an oasis with a covered patio featuring a pergola, a second sitting area with slate decking, and a storage building for all your yard equipment. Additional amenities include a separate large laundry room and a 2-car garage. With its prime location and extensive list of features, this home won't last long. Come see it today and make it yours! All descriptions and measurements are believed to be accurate, but if deemed to be important, must be verified by buyer.
Source: PENSACOLA #649821
Interest rate and monthly payment estimated based on public records.
Source: PENSACOLA #649821
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: #649821
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.