Welcome to 357 Lisette Court, a charming ranch-style home perfectly situated on a spacious corner lot in the heart of Fort Walton Beach. This beautifully maintained 4-bedroom, 2-bath residence offers the ideal blend of comfort, convenience, and character making it a wonderful choice for families, first-time buyers, or anyone seeking a peaceful retreat close to everything the Emerald Coast has to offer.Step inside to find a warm and inviting layout featuring vinyl flooring and plush carpet throughout. The living room showcases a stunning coffered ceiling, adding architectural interest and an elevated touch of style to the space. The kitchen is equipped with updated appliances and flows seamlessly into the dining area, creating the perfect setup for family meals or entertaining guest. Just off the main living space, a bright heated and cooled sunroom offers the perfect spot to relax, read, or enjoy your morning coffee while overlooking the large backyard. The home is both comfortable and efficient, with a brand-new 2025 water heater, a 2022 HVAC system ensuring year-round comfort. Outdoors, the expansive backyard provides plenty of room for kids, pets, or gatherings, whether you're hosting barbecues or envisioning a future garden oasis. A large shed currently sits in the backyard; while the owner plans to take it, they're open to negotiating its inclusion with the sale. On the side of the home, you'll also find an additional three-car parking area complete with its own shed that will stay with the property. This setup functions like an open, offset garage areaproviding ample space for vehicles, tools, or outdoor equipment. Located just outside of downtown Fort Walton Beach and the sugar-white sands of Okaloosa Island, you'll have quick access to local attractions including parks, miniature golf, museums, live music, shopping, and a movie theater all just minutes from your door. 357 Lisette Court offers the perfect mix of small-town comfort and coastal living. This is the perfect opportunity to own a slice of paradise along Florida's Emerald Coast.
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.
