603 Clubhouse Ter, Pensacola, FL 32507
3 beds · 4 baths · 2,072 sqft
Welcome to Resort style living -year round. This stunning, single story, beach house is Located on a large private lot, that enjoys stunning views of the 10th fairway in Lost Key Plantation, a gated master planned community only a quick stroll to the Gulf of Mexico. Lost Key offers it all, a beach club with restaurant and chair service, shuttle, award winning Golf Course, walking paths to enjoy the beautiful grounds, tennis courts, fitness center, multiple pools, and a short stroll to our beautiful white sand beaches and emerald waters. This is all for you to enjoy every single day of the year. This better than brand new home is spacious and elegant. From durable wood look tile in cool tones, soaring ceilings, lovely trim-work, updated fixtures and impact resistant windows. From the curb, a cheerful light blue beach cottage exterior is welcoming. Park in the charming paver drive, or in the large garage that offers plenty of storage space. Inside, you will find 3 oversized bedrooms each with full en-suites for added convenience. In the back of the home, a spacious private master bedroom with exit to screen porch for morning coffee is dreamy. The 2 deep walk-in closets and spa like bath with double vanities, garden tub and a modern glass enclosed shower feel luxe. In the main living area, you have plenty of room for all guests to gather at the oversized quartz island surrounded by custom light gray cabinetry, recessed lighting, and almost brand-new stainless-steel appliances and walk in pantry. Enjoy indoor outdoor living with the large screened in porch where you have a direct view of the blues flying above - and only the beautiful landscape of trees and nature!!! The backyard has tons of room, for pets, kids or even a pool if you decide in the future! Schedule your showing today with your favorite realtor today before it's gone! VA assumbale loan at 2.25% makes this one especially appealing, don’t wait!
Source: PENSACOLA #652446
Interest rate and monthly payment estimated based on public records.
Source: PENSACOLA #652446
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: #652446
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.