4397 Vardon Way, Niceville, FL 32578
3 beds · 2 baths · 2,029 sqft
Come see this beautiful, low maintenance brick home in the heart of Bluewater Bay! The eat-in kitchen has level 4 granite and stainless steel appliances that include a top of the line gas burner stove, microwave/ convection oven and refrigerator. The open floor plan offers a dining area adjacent to the kitchen and it also flows into the great room which has a gas fireplace and built-in cabinetry as well as crown molding and real wood floors. The primary bedroom features an ensuite bath with separate shower and a walk-in closet. A heated and cooled Florida room overlooks the fully fenced backyard with fire pit for your enjoyment. Schedule your showing today!
Source: EMERALDCOAST #977573
Source: EMERALDCOAST #977573
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.