Welcome to 143 Christian Dr in the highly desirable Church Street Village community of Santa Rosa Beach, FL 32459--an inviting 3-bedroom, 2.5-bath single-family home offering 1,695 sq ft of comfortable coastal living just minutes from the white-sand beaches of 30A. This well-kept residence features a primary bedroom on the main floor and beautiful wood floors throughout--no carpet--for easy maintenance and a clean, modern feel. Light-filled, airy living spaces create an inviting setting for everyday life and entertaining, with an open layout that flows seamlessly toward the private backyard. Enjoy outdoor living on your own patio and lawn, plus direct access to the community green space next door, giving you even more room to relax, play, or walk the dog. Outdoor enthusiasts will love living just a short drive from Cessna Landing Park on North County Highway 393, which offers a public boat ramp on Hogtown Bayou, docks, picnic areas, and easy access to Choctawhatchee Bay for boating, kayaking, paddleboarding, and fishing. Church Street Village also features a refreshing community pool, fitness center, dog park, clubhouse, and maintained common areas,so you can enjoy an amenity-rich lifestyle with low-maintenance living. With its prime location near Scenic 30A, beaches of South Walton, shopping, dining, and everyday conveniences, this home checks all the boxes for full-time living or a second home. Well-appointed homes for sale in Church Street Village with a main-floor primary bedroom, no-carpet wood floors, private backyard, green space, pool, and nearby public boat ramp are rare--schedule your private showing today and experience coastal living in Santa Rosa Beach. This home is also available for rent. Please see MLS #1001083 for more info.
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
