6365 Ladera Trl, Milton, FL 32571
4 beds · 3 baths · 2,437 sqft
Welcome to this stunning 4 BR/ 2.5-BA brick home in the Ashley Plantation community! With incredible curb appeal, a charming front porch entryway, and beautiful landscaping, this home makes a great first impression! Inside you'll find a spacious open-concept kitchen, great room, and dining area—perfect for entertaining. The kitchen is a beautiful, featuring granite countertops, a large island, stainless steel appliances, and rich-stained cabinetry. The laundry room and garage access are conveniently located just off the kitchen. The main suite, located off the great room, is a true retreat! It has an upgraded soaking tub, a beautifully tiled shower, a double vanity, and a huge walk-in closet. The home is filled with natural light and offers neutral colors throughout, with luxury vinyl plank flooring in the main living areas and newer carpet in the bedrooms and upstairs. Upstairs, you'll find 3 additional bedrooms, a full bath, and a huge bonus space—perfect for a media room, playroom, home office, or den. Step outside to enjoy the deck overlooking a stunning stone-paver patio and firepit—an incredible outdoor space for entertaining or to just unwind. Don’t miss the chance to make this gorgeous home yours!
Source: PENSACOLA #661255
Financials
Source: PENSACOLA #661255
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.
