8007 Mark Ct, Pensacola, FL 32506
3 beds · 3 baths · 1,479 sqft
Welcome to this beautiful 3-bedroom, 2.5-bath home, move-in ready and perfect for any family. The home features a neutral color palette throughout, creating a welcoming and versatile space. Luxury vinyl plank flooring flows seamlessly through the main living areas, while plush carpeting provides comfort in all the bedrooms. The spacious living room boasts soaring cathedral ceilings, offering a bright and airy atmosphere. The adjacent dining area opens effortlessly into the kitchen, which is equipped with an abundance of cabinets, a convenient pantry, and sleek stainless steel appliances. Enjoy your morning coffee in the cozy breakfast nook, complete with charming bay windows that let in natural light. This home offers a desirable split bedroom floor plan for added privacy. The large primary bedroom serves as a serene retreat, and the en-suite bath features double vanities, a tub/shower combo, and a generous walk-in closet. The additional bedrooms also feature ceiling fans and walk-in closets, ensuring ample storage and comfort for everyone. The additional full bath is equipped with a single vanity and a tub/shower combo. The laundry room, conveniently located near the kitchen, leads to a double car garage, where you will also find a half bath for added convenience. Step outside into the privacy-fenced backyard, a perfect oasis for outdoor living. An open patio provides the ideal space for entertaining, while the above-ground pool offers a refreshing escape on hot summer days. The well-maintained lawn is serviced by a sprinkler system, keeping it lush and green year-round. This home also boasts new impact-resistant windows throughout for added peace of mind. The home has a VA assumable loan with a 2.5% interest rate. With its thoughtful design, spacious layout, and fantastic outdoor amenities, this home is ready for you to move in and make it your own.
Source: PENSACOLA #660948
Financials
Source: PENSACOLA #660948
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.