8829 Marsh Elder Dr, Pensacola, FL 32526
5 beds · 3 baths · 2,995 sqft
Welcome to this impeccable 5-bedroom, 3-bath home nestled in the coveted gated community of Nature Trail. Boasting charming curb appeal and a move-in-ready status, this residence features a spacious double split floor plan and a soothing neutral color palette throughout. Step inside to discover tile flooring in all wet areas and a generous great room accentuated by a trey ceiling and a cozy gas fireplace, perfect for gatherings. The gourmet kitchen is a chef's delight with granite counters, ample espresso-colored cabinets, stainless steel appliances including a gas stove, and a sizable walk-in pantry. The primary suite is a retreat unto itself, offering a large bedroom with plush carpet and a trey ceiling. The luxurious primary bath is appointed with double vanities, granite counters, a relaxing garden tub, a separate walk-in shower, a private water closet, and a substantial walk-in closet complete with built-in wardrobes. Additional bedrooms are generously sized and feature large closets, ensuring comfort for family and guests alike. Outside, the backyard oasis beckons with a covered patio and mature trees, ideal for outdoor entertaining and relaxation. Nature Trail community amenities include a sparkling pool, tennis courts, an exercise room, and much more, enhancing the quality of life in this exclusive neighborhood. Don't miss the opportunity to make this exceptional property your new home!
Source: PENSACOLA #649593
All values shown are estimated costs / mo.
Source: Public records
Source: PENSACOLA #649593
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 of Equal Opportunity Act.