5672 Heatherton Rd, Milton, FL 32570
5 beds · 4 baths · 3,450 sqft
Under Contract with Kick-Out Clause – Still Accepting Offers! This stunning all-brick masterpiece in the private, gated community of Cottonwood is currently under contract with a kick-out clause—which means it’s still available to show, and we’re actively accepting offers! Don’t miss your chance to make this incredible home yours. Located just minutes from Whiting Field and favorites like Chick-fil-A, Starbucks, and Target, this five-bedroom, four-bath home offers luxury, space, and convenience. The three-car garage, dedicated office, bonus room/bedroom over the garage, and enclosed screened back porch with sunset views make this home as functional as it is beautiful. Step inside and be greeted by an elegant entryway that leads to a stylish office and a formal dining room perfect for entertaining. The gourmet kitchen is a chef’s dream, featuring granite countertops, a modern glass cooktop/stove combo, built-in microwave, and stainless-steel refrigerator. Fresh new flooring, updated lighting, and vibrant paint bring warmth and modern charm throughout. Guest bedrooms are thoughtfully designed for privacy, with two sharing a Jack-and-Jill bathroom. The expansive owner's suite is a true retreat, large enough for a king-size bed and more, with a bonus space perfect for a pet room—complete with a doggie door! The spa-like master bath includes a massive walk-in shower with dual showerheads, double vanities, and dual walk-in closets. As an added bonus, this home comes with a VA assumable loan of $306,000 at an incredible 2.25% interest rate for qualified buyers. This is your chance to step into your dream home—don’t wait! Schedule a private tour today and fall in love with everything this amazing property has to offer.
Source: PENSACOLA #661720
All values shown are estimated costs / mo.
Source: Public records
Source: PENSACOLA #661720
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 of Equal Opportunity Act.