5726 Marigold Loop, Crestview, FL 32539
4 beds · 3 baths · 2,962 sqft
VA Assumable loan at 5.125% available! You won't find that anywhere else in this area. This beautiful 4-bedroom, 2.5-bathroom cul-de-sac residence combines modern design with comfort and convenience. As you walk in the front door, you're greeted by an airy ambiance accentuated by high ceilings and abundant natural light, courtesy of strategically placed windows that frame picturesque views of the surrounding areas. The sleek and stylish kitchen is a chef's dream, featuring high-end appliances, ample counter space, and a convenient island for meal preparation. Adjacent to the kitchen, the spacious living area offers a cozy atmosphere, perfect for relaxing with loved ones or hosting gatherings. Discover the serene master suite, complete with a luxurious en-suite bathroom, providing a peaceful retreat at the end of the day. Three additional bedrooms offer flexibility for guests, family members, or home offices, each appointed with comfort and functionality in mind. Outside, the expansive backyard boasts a covered porch, providing the perfect spot for enjoying the Florida weather year-round. Additionally, a shed with electric run to it offers convenient storage space for outdoor equipment, or a personal workshop. Residents enjoy exclusive access to the sparkling community pool, perfect for cooling off on hot summer days or lounging with neighbors and friends. RV Hookups are conveniently located at the side of the house, with two gates that allow for drive through capabilities. Located in the vibrant, growing community of Crestview, this home offers easy access to parks, schools, shopping, dining, and entertainment options. Plus, with its proximity to major highways, commuting to neighboring cities is a breeze. Experience the epitome of contemporary living in Crestview – schedule a showing today and make this stunning home yours!
Source: PENSACOLA #644930
Source: PENSACOLA #644930
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: #644930