5834 Antler Way, Crestview, FL 32536
3 beds · 2 baths · 2,002 sqft
This home features a great setting for raising kiddos and/or having dogs. Lot is very generous in size that most new homes do not offer and is privacy fenced on two sides, with a large gate for RV's, and a chain link across the private wooded back. Step inside the all brick 3 bedroom 2 bath split floor plan home to a freshly painted living room featuring recessed lighting and plenty of space for the big screen tv to enjoy family night. To the right is a dining area that leads to a converted garage offering flex space that can be used as a 4th bedroom, workout room, or playroom/home school room. The kitchen features updated granite countertops with a SS farmhouse sink, a double oven stove and a breakfast nook. Master bedroom has an en suite bath, & guest bedrooms share a 4 pc bath. Out back this home offers a charming screened in porch overlooking the expansive backyard with a child's playset that conveys with the sale, a nearly 800 sq.ft. garage (standard garages are 400 sq.ft.) with it's own HVAC system and fully insulated that is perfect for tons of storage, the hobbyist, or mechanic. There is no HOA. Re-roof for the house and detached garage were done in 2020, HVAC and Water Heater were replaced in 2021 and also has an updated electrical panel. **Extra bonus: Power company is Chelco and water is Auburn Water. ***All information believed accurate but buyer should verify.
Source: PENSACOLA #655837
Interest rate and monthly payment estimated based on public records.
Source: PENSACOLA #655837
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: #655837
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