608 Champ Trl, Crestview, FL 32539
4 beds · 3 baths · 2,324 sqft
LOCATED IN SOUTH CRESTVIEW! Nearly New Construction 4 Bedroom - 3 Bathroom home with 3 Car Garage in the beautiful community of Shoal River Landing! As you approach the home, you are welcomed by a charming covered front porch that is just waiting for your rocking chairs. As you step into the home, you are greeted by a spacious foyer, perfect for your entry table or mud bench. Just past the foyer you will find the home's open concept main living areas complete with LVP flooring (carpet only in bedrooms). The home has also been upgraded with built-in PVC Plantation Shutters that give the home a custom upscale look and feel. The MASSIVE living room enjoys a 9 ft tray ceiling with crown molding and offers plenty of windows for natural light. The formal dining area is located just off of the living room, perfect for family gatherings and entertaining. The large kitchen is complete with beautiful granite counter tops, wood cabinetry, stainless steel appliances (refrigerator, smooth top oven/range, dishwasher, microwave), breakfast bar, walk-in pantry, and breakfast nook. The home's indoor laundry room is complete with a washer and dryer that gives access to the IMPRESSIVE 3-car garage. The master bedroom is complete with tray ceiling with crown molding, frieze carpet, and ceiling fan. The spacious master bathroom offers a granite double vanity, soaking tub, shower with glass enclosure, water closet, linen closet, and LARGE walk-in closet. The home also offers three additional spacious bedrooms and two additional full bathrooms. The exterior of the home offers a large covered back porch is a shady spot to enjoy the outdoors while overlooking the backyard, 6 inch seamless gutters, Hardie siding, and dimensional shingle roof. This home has some upgraded technology to include: The Smart Home Connect System which includes a video/camera doorbell, keyless entry & more. The seller has also added Dayco smart switches and home security system (all controllable from your phone or panel). The HVAC unit has been upgraded with the Reme-Halo Air Purification system. The Shoal River Landing community offers, underground utilities, sidewalks, a beautiful community POOL & pavilion in a convenient location to great schools, shopping, hospital, bases, and beaches! Don't miss out on your opportunity to make this gorgeous and upgraded yours. Schedule your showing today!
Source: EMERALDCOAST #961310
Financials
Source: EMERALDCOAST #961310
Source: Public records
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%. 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.
Other resourcesWhat 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.
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