953 Vestavia Way, Gulf Breeze, FL 32563
4 beds · 3 baths · 2,404 sqft
This exceptional custom-built POOL home is situated in the highly sought-after Gulf Breeze School District, zoned for all three Gulf Breeze Proper schools. The property offers a private backyard oasis, featuring a screened-in, heated saltwater gunite pool that overlooks the National Seashore. The pool area flows effortlessly from the spacious family room and is complemented by a full outdoor kitchen, complete with a sink—ideal for both entertaining and enjoying the outdoors. The home offers 4 generously sized bedrooms and 2.5 baths, with a thoughtfully designed split floor plan perfect for family living and hosting guests. The living/dining room features custom-built wall cabinets, creating a sophisticated atmosphere. An additional living area, located just off the kitchen, boasts vaulted ceilings and a cozy fireplace. The master suite is a true retreat, with a walk-in closet, jetted tub, and separate shower. The primary bedroom also has direct access to the screened pool area, effortlessly blending indoor and outdoor living. Additional highlights include a 2021 roof, jetted tub in master and guest bathroom, central vacuum system throughout and an energy-efficient geothermal hot water heater. The exterior of the home includes a shed and a charming playhouse, offering extra storage or a delightful space for children. This home seamlessly combines comfort, style, and practicality, making it the perfect haven for those who enjoy entertaining and the Gulf Breeze lifestyle!
Source: PENSACOLA #656330
Source: PENSACOLA #656330
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.