8654 El Paseo St, Navarre, FL 32566
4 beds · 2 baths · 1,939 sqft
Get a free consultation call with an expert in the mortgage assumption process.
** Assumable 4.125% VA Loan for qualified buyers!! ** Welcome to this beautiful newer construction brick home offering a spacious and functional split floor plan with 4 bedrooms and 2 bathrooms. Located just 2 miles from the Navarre Beach Pier, 10 miles to Hurlburt Field AFB, a short drive to grocery stores and restaurants, and easy commute to Hwy98, FL-87 and I-10. Situated on a generous third-of-an-acre lot with no HOA, this home provides plenty of room to enjoy outdoor living, with the lot line extending past the current fence and a utility easement ensuring nothing will be built directly behind you, offering added privacy. Step inside to discover a host of stunning updates that truly set this home apart. , The kitchen is a chef's dream with new appliances, double walk-in pantries, a professionally installed backsplash, granite countertops, island, breakfast bar, and plenty of counter and cabinet space. Just off the kitchen is the dining area that has sweeping views of the backyard and a door to the wrap-around covered patio. The primary bedroom features a lighted tray ceiling and a professionally renovated ensuite that boasts a STUNNING tiled walk-in shower, new mirrors, lighting fixtures, and a walk-in closet that has a separate door that is a direct entry into the laundry room for added convenience. Fresh interior paint throughout creates a bright and airy atmosphere, with new flush-mount recessed lighting to enhance that feeling. The spacious living room features a lighted tray ceiling and a large double hung window to let in natural light. The 3 additional bedrooms and updated guest bath are located just off the living space down a hallway. The exterior has been just as carefully upgraded, including 6" whole-house gutters to ensure protection from rain runoff, zoysia palisade sod with built-in sprinkler system that runs off underground well water, freshly stained privacy fence, and fresh exterior paint that boosts the overall charm of the home. With a 2-car garage, this home truly has it all, combining comfort, style, and thoughtful updates in an unbeatable location.
Source: EMERALDCOAST #973512
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: EMERALDCOAST #973512
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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 and Equal Opportunity Act.