7868 Whiting Field Cir Milton, FL 32570
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About this home
Are you in search of the ideal combination of serene country living and easy access to urban conveniences? Look no further than this beautifully renovated mobile home set on an expansive 4.32 acres, with much of the land already cleared, it’s an ideal foundation for your future dreams. Step inside this modern updated three-bedroom, two-bathroom home, where you’ll be greeted by recent upgrades including updated flooring, fresh paint, and updated appliances. The open-concept split floor plan seamlessly connects the living room, dining area, and kitchen, creating an airy and inviting atmosphere. The living room boasts a cozy wood-burning fireplace, while two guest bedrooms and a full bathroom provide plenty of space for visitors. The master bedroom, conveniently located next to the kitchen and dining area, features a spacious en-suite bathroom. A laundry/ utility room opens up to your deck, perfect for enjoying the peaceful surroundings. With a new roof installed in 2023 and an upgraded HVAC system from 2022, you can enjoy comfort and reassurance. This property is brimming with potential—whether you envision a homestead, a hobby farm, or simply want to enjoy the quiet of country living. With nearby parks, the Blackwater River, shopping areas, downtown Milton, I-10 access, and other local attractions, this location truly offers the best of both worlds.
Source: PENSACOLA #671932
Loan details
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Close stress-free in 45 days, handled start to finish by Roam.
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If you find a better price on any home, we’ll match it.
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.