6416 Grey Heron Dr, Milton, FL 32583
1 beds · 2 baths · 1,025 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Waterfront Retreat in Dickerson City - Stunning Views & Modern Comfort. Experience the beauty of waterfront living in the desirable Dickerson City community on East Bay. Wake up to breathtaking sunrises and enjoy your morning coffee from the front covered porch or the spacious covered lower-level patio. This beautifully upgraded home offers a seamless blend of comfort, style, and functionality, making it perfect for year-round living or a relaxing getaway. Interior Highlights: • Open- concept living with all-new laminate flooring. Custom-built kitchen cabinets featuring soft-close cabinets and drawers, quartzite countertops, and stainless steel appliances. • Expansive master suite with a luxurious master bath, double quartz vanity, tiled shower, soaking tub and walk-in closet. Convenient half-bath for guests with a stylish quartz vanity. • Additional square feet in lower level. Fully enclosed lower level with AC & heat, three versatile rooms, a full bath, and a shower--ideal for additional bedrooms, media room, weight room, game room, or bar area. Outdoor & Additional Features: • Motorized lift for easy accessibility. • Two spacious lots totaling .8 acres with ample parking for 6+ cars, a boat, or an RV (includes a hookup). Lean to or storage area at the back of the home perfect for storing lawn equipment, tools, a boat, jet ski, or kayak. Charming Lil house with AC & heat -great for guests, a private retreat or to rent out. Water line is already connected outside, making it easy to add indoor plumbing to the existing bath, shower, and kitchenette.. Public boat ramp nearby for easy access to the water. Recent Upgrades: • New roof(2021). New HVAC (2024) : Freshly painted exterior trim (2024) • Two hot water tanks • AC & heat in lower level & Lil house. This waterfront oasis is perfect as a primary residence, vacation home, or seasonal retreat for snowbirds. Pre-qualification prior to showing.
Source: PENSACOLA #660840
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: PENSACOLA #660840
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 of Equal Opportunity Act.