7674 Old Hickory Dr, Pensacola, FL 32507
4 beds · 2 baths · 1,802 sqft
Stunning 4-Bedroom 2 Bath Home with Modern Upgrades and Convenient Location Near NAS, Whiting Field, Downtown and the Beaches only minutes away! This beautifully updated 4-bedroom, 2-bathroom home offering 1802 sq ft of living space. The home has been updated and the Heavy Lifting taken care of! Roof 2020 Master Bath has been upgraded with quartz and tile glassed shower that truly pops. The living room features a vaulted tongue and groove wood ceiling, creating an open, airy feel. The wood-burning fireplace adds warmth and charm and is an amazing focal point. Luxury vinyl plank flooring throughout the downstairs area. Remodeled Spacious kitchen with stainless steel appliances, granite countertops, a granite backsplash, and a central island. Tile flooring in the kitchen ensures durability and style. The master bedroom and an oversized second bedroom are located on the main floor, while two additional bedrooms upstairs share a full bath. Well-Maintained home promises worry-free living for years to come. Additional Highlights: This amazing home is Move-In Ready and has had the heavy lifting done! Don’t miss out on this exceptional opportunity to have a beautiful personal home or amazing invest property short term rentals allowed! Schedule your viewing today and experience all that this home has to offer.
Source: PENSACOLA #646503
Interest rate and monthly payment estimated based on public records.
Source: PENSACOLA #646503
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: #646503
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.