7033 Andros Dr Pensacola, FL 32506
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About this home
Welcome home to this beautifully updated and maintained 3 bedroom, 2 bathroom, 2,057 sq. ft. home with a pool on a spacious 0.49-acre lot with lake views in the highly sought-after Coral Creek community. Step inside to an open floor plan featuring a large great room with high ceilings and a dining area perfect for entertaining. The eat-in kitchen offers plenty of space for meal prep with ample counter space, an island, gas stove, pantry, and refrigerator, along with room for a breakfast table. The split floor plan provides privacy, with a spacious primary suite that includes double vanities, a large 10’6” x 6’ walk-in closet, and a beautifully updated bathroom. Relax in the Florida room overlooking the backyard oasis, complete with a sparkling pool (installed 2017) and a new privacy fence (2021). This home has been thoughtfully updated with new HVAC (2024), new windows (2021), popcorn ceilings removed (2024), new granite countertops and tile throughout, new bath tub in guest bathroom (2023), Closets by Design storage (2023), new salt cell and sand filter (2025), and fresh sod and landscaping in the front yard. A transferable termite bond provides added peace of mind. Coral Creek is conveniently located just minutes from NAS Pensacola, the Navy Hospital, Corry Station, beaches, and shopping. Whether you’re looking for a wonderful place to call home or a great investment property, this move-in ready home has it all!
Source: PENSACOLA #673802
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FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.