9180 Stillbridge Ln, Pensacola, FL 32514
3 beds · 3 baths · 1,682 sqft
You can get this home in the 32514 zip code that is located on a corner lot, in the cul-de-sac that is maintenance free (siding and eaves) with curb appeal, double car garage, for $299....This family home with a shaded entry way will invite you in from the moment you enter through your front door with a beautiful front porch with white railings... watch the kids riding their bikes in safety from a busy street!! Enter in to the living room to view the fireplace with a beautiful white mantle perfect & for a feast in the dining room (featuring light hardwood floors and tons of light from the windows) connected to the kitchen featuring newer stainless steel appliances and ceramic floor...+++plenty of room for the weekday dinners with the family- also flooded with light and overlooks the covered porch & fenced back yard...this is the family home you and the kids will enjoy! The best part of this super home is the upstairs! There is a master suite with double sinks and ample closet space...the other bedrooms are also spacious and with a guest bath...this is a really cool neighborhood! ...homeowners participate in making this neighborhood the best it can be!! Good time to buy this home today..
Source: PENSACOLA #653941
Interest rate and monthly payment estimated based on public records.
Source: PENSACOLA #653941
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: #653941
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.