6479 Pansy Dr, Milton, FL 32570
5 beds · 2 baths · 2,716 sqft
This lovely Craftsman home offers the perfect Florida lifestyle with its custom-built, saltwater pool and spacious living areas. With 2,716 square feet, this home is designed to accommodate a large family and provide ample space for entertaining. The highlight of this home is the custom-built pool, allowing you to enjoy the benefits of swimming and relaxation right in your own backyard. The pool is always open for family and friends, providing endless fun and a refreshing escape from the Florida heat. With the warm weather extending past Labor Day, you can enjoy swimming for almost half of the year. Four spacious downstairs bedrooms have roomy closets to meet the needs of a large family. Additionally, there is a fifth bedroom/bonus room upstairs, offering versatility and extra space. The master suite features a tray ceiling, adding a touch of elegance and creating a sense of volume in the room. The master bathroom boasts custom cabinets with a built-in vanity, adding functionality and style. The living room is designed with sophistication in mind, featuring an elegant coffered ceiling that not only adds grandeur to the space but also absorbs sound and eliminates echoes. This unique ceiling design provides a textured appearance and an illusion of height, enhancing the overall aesthetic of the room. The living room is further enhanced with an electric fireplace, providing ease and ambiance. Throughout the main living area, you will find hardwood-look tile, offering a timeless, durable, and beautiful alternative to natural wood flooring. The bedrooms are carpeted in a soft, beige carpet, adding comfort and warmth. The kitchen is a cook’s dream, with white custom cabinets by West Florida Cabinets that provide ample storage. Stainless steel appliances, including an oversized refrigerator and granite countertops, add a clean and modern touch to the open-concept design.
Source: PENSACOLA #644604
Source: PENSACOLA #644604
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
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.
MLS ID: #644604