3640 Schifko Rd
Cantonment, FL 32533
3 beds · 3 baths · 1,804 sqft
$429,000
Get prequalifiedAbout this home
Open House Sunday June 29th 1pm-4pm. This home is situated on 2.75 acres and is full of lush greenery, providing a peaceful and spacious setting. The house features three bedrooms and two and a half bathrooms, spanning approximately nearly 2,000 square feet. The home's layout is spacious, with abundant natural light throughout. The primary bedroom offers ample space, complemented by a spacious bathroom with abundant vanity space. The kitchen features hardwood cabinetry and abundant countertops, creating a functional and elegant workspace. Hardwood laminate flooring extends throughout the home, adding warmth and character. The spacious rooms offer flexibility for various uses, allowing residents to personalize the space to their needs. The ample storage solutions and detached structures on the property provide additional space for organization and hobbies. The expansive, wooded lot offers a serene and private atmosphere, with underground utilities ensuring a clean and unobstructed landscape. The spacious yard provides opportunities for outdoor enjoyment and recreation, while the peaceful setting offers a tranquil retreat from daily life. Roof 2023 Hot Water Heater 2023 Septic Pumped 2023 50 Amp RV Hookup
Source: PENSACOLA #664310
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FAQs
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.
Cantonment, FL 32533
3 beds · 3 baths · 1,804 sqft