7127 Inniswold Dr, Pensacola, FL 32526
4 beds · 3 baths · 3,007 sqft
Get ready to fall in love with this stunning all-brick home! This home really does have it all! Solar panels to keep the bills down, a newer roof with a 30 year warranty, No HOA, newer AC unit, shopping within minutes of the home, the list goes on and on! With over 3,000 square feet of vibrant living space this home is perfect for entertaining. The open layout effortlessly connects the bright living, dining, and kitchen areas, making it a breeze to host family and friends. The kitchen is large and updated featuring sleek white cabinets, gorgeous granite countertops, and an island that’s perfect for casual meals or festive gatherings! So many updates and personal touches make this home so unique! Your primary bedroom is a true retreat, complete with an elegant trey ceiling and a luxurious ensuite bathroom featuring a relaxing soaker tub and a separate shower—your own personal spa! Step outside to your backyard paradise! You get a totally screened in, inground pool, a hot tub and as a bonus you may want to host unforgettable outdoor gatherings in your fully fenced yard, which offers both privacy and a fantastic space for fun. Need extra storage? This home has that covered too! A massive shed/workshop in the backyard gives you just what you are looking for. Looking for extra parking? Well this home has that too! This Pensacola beauty combines modern comfort with endless charm, all just 20 minutes from the bustling heart of Downtown and 30 minutes from the breathtaking beaches.
Source: PENSACOLA #653375
Source: PENSACOLA #653375
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: #653375
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.