Located in the highly sought-after community of Holley by the Sea in Navarre, this beautifully maintained residence offers an exceptional blend of comfort, privacy, and refined coastal living. Set on an expansive .58-acre homesite surrounded by mature trees, the property provides a rare sense of space and seclusion while still being part of one of the area's most desirable neighborhoods. Inside, you're welcomed by a thoughtfully designed split floor plan featuring four spacious bedrooms, two full bathrooms, and a dedicated private office--ideal for remote work or a quiet study without sacrificing a bedroom. The interior is enhanced with durable COREtec wood-look plank flooring throughout the main living areas and bedrooms, creating a cohesive and modern feel with no carpet in sight. At the center of the home, the kitchen is designed for both everyday living and entertaining, offering granite countertops, stainless steel appliances, a high-top breakfast bar, a generous pantry, and a bright breakfast nook that fills the space with natural light. The primary suite is a true retreat, accessed through elegant French doors and offering an oversized layout with plenty of room to unwind. The en-suite bath impresses with its scale and features, including an expansive walk-in shower and abundant space throughout. On the opposite side of the home, the additional bedrooms provide privacy and convenience, with the second bathroom offering direct access to the backyard--perfect for outdoor living and entertaining. One of the standout features of this property is the immaculate three-car garage, complete with a glossy epoxy floor finish and built-in storage cabinetry, making it as functional as it is impressive. The exterior living spaces are equally inviting, featuring a fully fenced backyard, covered patio, and a wood deck that overlooks the natural wooded backdrop. Additional highlights include a sprinkler system on a private well, underground utilities, Levelor blinds throughout, fabric hurricane window protection, and sewer service (no septic). This is a rare opportunity to own a spacious, well-appointed home in Holley by the Sea that offers both privacy and convenience, all within a highly desirable coastal community with incredible amenities and lifestyle appeal
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.
