9840 Crestmont Cir, Pensacola, FL 32514
4 beds · 2 baths · 1,934 sqft
Conveniently located only minutes away from UWF, Navy Federal, Sacred Heart, and West Florida Hospitals, this 4-bedroom, 2-bath home offers a desirable split floor plan for privacy and comfort. The master bath is a true sanctuary with a Kohler low-profile walk-in shower featuring a Teak Seat and composite interior, a stylish vessel-mounted sink on the vanity, linen and water closet. The spacious master bedroom includes a generous 5'6" x 6'8" walk-in closet, providing ample storage for wardrobe essentials. The home has no carpet, the floor is either tile or hard wood. Beautiful hardwood installed in 2016 extends from the foyer through the great room into the Master. The kitchen, updated with all new appliances in 2016, now includes a dishwasher not previously in home and a gas range. All appliances are stainless steel. And yes, the refrigerator conveys. The original pantry remains but its storage was limited so the kitchen desk was removed and upgraded with built-in pantry. This offers exceptional storage with fold-out shelves for easy access and organization. The eat-in kitchen combines efficiency and maximizes space. To enhance the appeal of this property, the homeowner installed several upgrades that set this home apart. Starting with the installation of a demand hot water recirculation system, convenience and efficiency were prioritized. The addition of three Mitsubishi heat pump units ensures year-round comfort while reducing energy costs. Moreover, the cost-saving measure of installing two water meters—one for irrigation and one for household use—highlights a commitment to practicality and resource. The Bedroom wing of the home includes three additional bedrooms one opening to the foyer with French Doors. Overall, this property stands out not just for its upgrades and amenities but also for its smart design choices and strategic improvements. For discriminating buyers who demand comfort, functionality and style. Assumable VA Loan.
Source: PENSACOLA #653352
Interest rate and monthly payment estimated based on public records.
Source: PENSACOLA #653352
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: #653352
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