7414 Stagecoach Rd, Pensacola, FL 32526
4 beds · 3 baths · 2,033 sqft
**VA ASSUMABLE LOAN WITH LOW INTEREST RATE** Welcome to your dream home in sunny Pensacola with NO HOA! This newly-listed craftsman-style beauty is more than just a house—it's the culmination of comfort meets chic. Built with all brick for enduring charm, this property boasts three cozy bedrooms PLUS a flexible space that can serve as the extra 4th bedroom, office, extra den, or the yoga room you've always wanted! Step inside to discover a sleek interior featuring an inviting open floor plan that seamlessly connects the living spaces. Love to cook? The kitchen comes equipped with stylish white shaker cabinets, a generous center island, granite countertops, and ALL stainless steel appliances (refrigerator, microwave, dishwasher and range) that will make your inner chef dance with joy. The common areas are laid with luxurious vinyl plank flooring, which combines durability with a touch of elegance, while the private retreats—three bedrooms—are wrapped in wall-to-wall carpet for that toe-wiggling comfort. This home also comes with a transferable structual warranty for peace of mind!! The primary bedroom is a true sanctuary, complete with tray ceilings and a master bath with a walk-in closet, a separate shower for singing your favorite tunes unhindered, and a garden tub for those much-needed bubble bath retreats. Step outside to a covered patio that overlooks a yard encased by a privacy fence and added gutters to help with the rainfall. Buyers will also appreciate the separate laundry room with a washer and dryer that conveys with the property!! Take a peek in the garage to find shelving and a workbench that also will be left for the new homeowners!! Nestled close to Pine Forest High School, Publix Super Market, and the Escambia County Equestrian Center, you've got convenience on your doorstep. Ready to live where everyday feels like a breeze? This house is not just a sight to see; it's a place to be!
Source: PENSACOLA #652305
Source: PENSACOLA #652305
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: #652305
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.