6398 Cattle Dr, Pensacola, FL 32526
3 beds · 2 baths · 1,889 sqft
Get a free consultation call with an expert in the mortgage assumption process.
PRICE IMPROVEMENT! Welcome to this charming all-brick Craftsman-style home, perfectly situated on a spacious quarter-acre lot in desirable Beulah. This move-in-ready home boasts an assumable VA loan at just 3.25% (for qualifying buyers), along with key upgrades including a brand-new roof (to be replaced with an acceptable offer), a 2022 HVAC system, a 2024 water heater, and all plumbing replaced from the house to the street in 2023. Inside, you’ll find a bright, open floor plan with durable luxury vinyl plank and tile flooring throughout—no carpet in sight! The kitchen is a chef’s delight, featuring a gas stove and ample granite counter space, while the spacious dining room is perfect for gatherings. Retreat to the primary suite, complete with a double vanity, tile floors, a separate shower, and a deep soaking tub for ultimate relaxation. Two generously sized bedrooms on the opposite side of the home offer plenty of space and storage, along with a stylish hall bath featuring granite counters. Step outside through double French doors to your covered back porch, an ideal spot for morning coffee or evening relaxation. The unbeatable location puts you just minutes from Navy Federal, I-10, shopping, hospitals, and more—with no HOA to restrict your lifestyle. Don’t wait—this is the one you’ve been waiting for! Schedule your tour today!
Source: PENSACOLA #656298
Source: PENSACOLA #656298
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.