905 Hiawatha St Holt, FL 32564
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About this home
2.5 assumable loan, or a 2-1 rate buydown, reducing the buyer’s interest rate by 2% for the first year of their loan and 1% the second year. Buyer is not obligated to use Amy Harvell of CrossCountry Mortgage to have offer accepted however must use Amy Harvell to receive the buydown contribution. Team Harvell can issue underwritten loan approvals in as little as 5 days and close in 10. Restrictions apply. Team Harvell NMLS1752706.” Sweet Country Retreat on 2.35 Acres in Holt Leave the hustle and bustle behind and come home to peace and quiet in this charming 3-bedroom, 2-bath home nestled on 2.35 acres in the beautiful community of Holt. With easy access to I-10, you can get where you need to go—fast—while enjoying the best of country living. Tucked away on a private road (maintained by homeowners with a low-fee HOA that covers road upkeep only—no restrictive rules!), this property is perfect for anyone craving space, serenity, and the beauty of nature. You may even catch deer grazing in your backyard! Inside, the home offers a comfortable and thoughtful layout with an open living area, eat-in bar, separate dining room, and dedicated laundry room. The spacious master suite features a large bath with both a soaking tub and separate shower. Updates include a new roof (2021), new outdoor HVAC unit (2025), and new hot water heater (2025)—making this home low maintenance and move-in ready. $250 a year fee paid by all home owners to maintain road This is your opportunity to enjoy sweet country living at its finest. Come see it today and imagine the possibilities!
Source: PENSACOLA #667265
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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.