6161 Meursalt Rd, Milton, FL 32570
3 beds · 2 baths · 1,585 sqft
Get a free consultation call with an expert in the mortgage assumption process.
OPEN HOUSE SATURDAY 2/1 FROM 11AM-2PM!! Beautiful 3 bed, 2 bath Traditional home in the desirable subdivision of Jaimees Ridge in Milton. Centered between Avalon blvd. and Downtown Milton, this home is conveniently located, allowing quick access to all areas of town for your everyday needs. This home has a brand new HVAC, a 2022 roof and is secured by ADT full monitoring system. Upon entering, you are welcomed by an inviting and open floor plan that makes this home feel quite large yet cozy. The kitchen, equipped with a stainless refrigerator and gas stove, has space for bar seating overlooking the great room as well as a separate dining space for a breakfast nook at the bay window, or a formal dining table. The oversized master bedroom features a large walk-in closet, master bathroom with double vanity, and translucent window adding tons of natural light. As you walk through the back door, you enter a large deck perfect for grilling out or entertaining guests outdoors. The backyard backs up to a wooded area for ample privacy and includes a separate fenced in area for pets. This property will not last long, make it your new home today!
Source: PENSACOLA #656452
Source: PENSACOLA #656452
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.