6130 JASMINE RD, Pensacola, FL 32504
A stunningly remodeled 3BR/2BA home in beautiful Scenic Heights! This completely updated 2,068 sq ft home also includes an additional 400 sq ft BONUS ROOM upstairs! Within walking distance to not one....but 4 different parks and also walking distance to Scenic Heights Elementary. The quintessential southern landscaping leads you to the home’s attractive contemporary style. Once inside, you’ll find a true treasure. Welcoming you home is a luxurious, open, and modern floor plan. This is where you will find everything you’ve been dreaming of! Featuring an incredible kitchen displaying modern style cabinetry, and complete with under the cabinet lighting and granite countertops. The large granite bar top is perfect for entertaining guest in the evening. This home has stylish vinyl plank flooring throughout the main open living area. The spacious master bedroom allows for great natural light, which elicits a relaxing feel. Complimenting the the Master is the lavish master bathroom which includes a modern double vanity with granite countertop, and showcases a custom tile shower, that will put a smile on anyone's face. This fantastic additional living space comes complete with its own split level heat pump, two built in beds, and custom shelving! When the sun is up, you can feel yourself relaxing on the beautiful back patio just enjoying Florida living. The long driveway even includes extra space next to the house to park your boat or RV. This gem of a home has it all, featuring all new windows, stainless steel appliances, all new high end fabric SHIELD storm panels, and a brand new ROOF to top it off! You don't want to miss out on this home!!
You may be able to put down less than the total down payment amount of $25,309 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #652069