704 Denise Dr Crestview, FL 32536
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About this home
2.5% assumable VA loan! Lumio solar panels paid off with acceptable offer! Now is the time to check out this beautifully updated all-brick home situated on a 1/4 lot in Antioch Estates - a great south Crestview location and will be very convenient to the future I-10 Exit 53! Move right into this split floorplan 4 bed, 2 bath home w/formal dining room! Gorgeous herringbone pattern wood-look tile throughout - no carpet! The living room has a cathedral ceiling with architectural niche & gas fireplace with unique stone accent! The stone carries over to the kitchen pillars with hop-up bar and also counter height breakfast bar seating. This kitchen is it!! -spectacular granite countersplash, upgraded cabinets with crown moulding & soft-close drawers, gas stove w/hood, and stainless-steel -touch screen French door refrigerator included! The master suite is sizable with remote controlled blinds and an ensuite featuring a double vanity with granite countertop, walk-in closet, separate shower & garden tub. Head outside to your screened-in patio with new ceiling fan and the fenced backyard (with double gate access) also has a large shed. Schedule to see this home today!
Source: EMERALDCOAST #983294
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Close stress-free in 45 days, handled start to finish by Roam.
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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.