7238 Gordon Evans Rd, Navarre, FL 32566
3 beds · 2 baths · 1,995 sqft
Move in Ready, like new, beautiful all brick home with a front cover porch with plenty of room for rocking chairs. This home featuring 3 bedrooms 2 full baths with many custom features and open floor plan. Rounded archway in the foyer, double tray ceiling in LR with crown molding w/lighting, ceiling fan. Kitchen has tray ceiling w/crown molding, granite counter tops, backsplash, soft close doors and drawers. The main areas have luxury vinyl plank and you'll find plantation shutters through out the home. The spacious primary suite offer double tray ceiling w/crown molding w/lighting and ceiling fan, with its own door to the covered back patio. The primary bath features a large tile walk in shower with two shower heads, garden tub, double vanity w/granite, tile floors and double closets. Popular split floor plan with the other 2 bed and bath up front away from the primary. Back yard is fenced in but there is some land on the other side that was left natural. Extra features: well pump w/sprinkler system, hurricane fabric shields and gutters. Close to beaches, bases and shopping.
Source: PENSACOLA #654136
Interest rate and monthly payment estimated based on public records.
Source: PENSACOLA #654136
Source: Public records
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: #654136
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.