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116 Nicole Ln, Crestview, FL 32539
5 beds · 3 baths · 2,276 sqft
Real Estate Owned. Welcome to 116 Nicole Lane a spacious and versatile two story home located just minutes from 7th Special Forces Group and Eglin Air Force Base. This 5-bedroom, 3-bathroom residence offers over 2,200 square feet of living space and includes a heated in-ground pool, all on a generous .23 acre lot.The main level features a large great room with a cozy stone fireplace, tile flooring in wet areas, and a bright bay window overlooking the backyard. The open kitchen layout includes an abundance of cabinet space, generous countertops, a dishwasher, and electric smoothtop stove perfect for everyday cooking and family gatherings.The primary suite is located downstairs and offers a massive walk-in closet and an oversized bath with a double vanity, separate water closet, and an oversized bath with a double vanity, separate water closet, and ample storage. Two additional bedrooms and a full bathroom are also located on the main floor, while the second level offers two more bedrooms and a third full bath perfect for guests, office space, or extended family. Step outside to your private backyard retreat, complete with a heated pool ready to be brought back to full glory with a little TLC. The oversized 2-car garage and level lot add practicality to this charming home. While some cosmetic updates may be desired, the bones and layout of this home offer tremendous potential for personalization and long-term value. Don't miss your chance to own this Crestview gem schedule your showing today!
Source: EMERALDCOAST #978196
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: EMERALDCOAST #978196
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.
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.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.
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