2643 Avenida De Soto, Navarre, FL 32566
4 beds · 3 baths · 2,962 sqft
2014 Craftsman home on 1.2 acres with 145 waterfront feet! Featuring a 20x 30 powered workshop, screened-in porch overlooks the beautiful inground pool. HUGE kitchen w/granite countertops and cabinets galore, plus an island AND breakfast bar! Stainless steel appliances, bullnose corners, and 5 1/4' baseboard throughout. Thoughtful floorplan with study/office/flex room, an open formal dining area, and a spacious living room with a stacked-stone fireplace. The expansive property has picturesque trails to the creek. Primary bath has 2 walk-in closets, double vanity, garden tub, linen closet, & separate shower. Sprinkler system on well, fabric hurricane shutters. oversized driveway and 2 car garage. Plenty of room for any hobbyist or lover of the outdoors! No through traffic on this street!
Source: EMERALDCOAST #976726
Source: EMERALDCOAST #976726
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.