LOWEST PRICE IN MARTINIQUE. Coastal Elegance in a Gated Panama City Beach Community! Experience the perfect balance of luxury, comfort, and coastal charm in this beautifully appointed three-story residence, ideally situated within one of Panama City Beach's desirable gated communities. Surrounded by swaying palms and lush tropical landscaping, this exceptional home offers a relaxed lifestyle with refined finishes and inviting living spaces throughout. From the moment you arrive, the brick paver driveway and welcoming curb appeal set the tone for what awaits inside. Thoughtfully designed with both everyday living and entertaining in mind, the home features an abundance of natural light, builder upgrades, custom lighting, and spacious interiors that create a warm yet sophisticated atmosphere. The open-concept living areas flow seamlessly, providing comfortable gathering spaces for family and guests alike. With three generously sized bedrooms and three full bathrooms, this home offers flexibility and privacy for a variety of lifestyles. The private primary suite serves as a peaceful retreat, complete with a spacious walk-in closet and a well-appointed ensuite bath designed for relaxation and convenience. Spanning three levels, the home offers versatile living spaces that can easily accommodate guests, a home office, media room, or hobby space, allowing you to tailor the home to your needs. A single-car garage provides additional storage and functionality. Beyond the home itself, residents enjoy an impressive collection of community amenities, including a sparkling resort-style pool, basketball courts, and a playground, creating opportunities for recreation, connection, and enjoyment year-round. Perfectly positioned just minutes from the sugar-white sands of the Gulf, as well as premier shopping, dining, entertainment, and outdoor recreation, this property offers the ideal blend of tranquility and accessibility. Whether you're searching for a full-time residence, a vacation getaway, or an investment in the coastal lifestyle you've always imagined, this beautiful home presents an outstanding opportunity to enjoy the very best of Panama City Beach living.
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.
