This beautifully updated Baypointe home is truly move-in ready for the holidays, offering every upgrade you've been searching for in a meticulously maintained property. The sellers have lovingly cared for this home and thoughtfully invested in it for the next buyers. Including a professional deep clean to complete inspections and repairs, ensuring you can settle in with complete confidence.To further provide peace of mind, the sellers have also completed a $1,000 inspection program, which includes two full home inspections. One before and one after repairs and cosmetic touch-ups. The home comes with a clean WDO termite report, and the termite bond is fully paid through October 2026, giving buyers worry-free protection for an additional year. The home is vacant, spotless, and ready for immediate occupancy-just unpack and enjoy the season. Inside, the split-bedroom floor plan offers both comfort and flexibility. A spacious living room is complemented by a private office and a versatile bonus room that can be used as a second office, playroom, or formal dining space. The kitchen is the heart of the home, featuring tall cabinetry, granite countertops, a deep custom sink, and a generous breakfast bar perfect for gathering. Newer stainless-steel appliances, including the dishwasher, stove, and microwave range hood, pair with updated sinks, fixtures, lighting, and ceiling fans throughout for a refreshingly modern feel. The primary suite is a true retreat with two walk-in closets, a tray ceiling detail, and a spa-inspired bathroom boasting a large soaking tub, a newly tiled shower and surround, and granite countertops. Additional features include: Newer wood laminate flooring and newer tile in the main living areas Crown molding and upgraded trim details A cozy fireplace with a decorative tile surround (currently capped but can be converted back to wood-burning) A laundry room with cabinets and a granite-topped utility sink Newly installed French doors leading to the backyard patio Step outside to a private, tree-lined backyard complete with a brand-new storage shed and plenty of room to relax or entertain. Lovingly upgraded from top to bottom, including a new roof, this home offers a rare blend of style, function, and peace of mind. Located in Harvell's Crossing in Navarre, you'll enjoy easy access to local schools, shopping, dining, and the stunning Gulf Coast beaches. This home is truly move-in ready, lovingly prepared, and waiting for you to call it home.
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.
