11916 Persian Ter, Bradenton, FL 34212
4 beds · 3 baths · 2,632 sqft
One or more photo(s) has been virtually staged. Professional photos by 12/12/2024! Located in the well-manicured, 24-hour manned gated community of Greyhawk Landing. This 4-bedroom, 3-bathroom, 3-car garage residence, built in 2015 by Ryland Homes, offers over 2,600 square feet of comfortable living space on one level. The Montclair floor plan is designed for easy living, featuring a spacious family room and a large kitchen nook, along with a versatile 12’ x 26’ flex room with wood laminate flooring, perfect for a second living area and formal dining space. The kitchen is equipped with a gas range, granite countertops, a center island, and espresso maple cabinets, some with glass fronts. The home features a desirable split bedroom floor plan, allowing more privacy for you and your guests. The primary bedroom offers peaceful water views, two closets, and an ensuite bathroom with dual sinks, a separate soaking tub, and a shower. Two bedrooms share a bathroom with a pocket door for added privacy, while the fourth bedroom includes a walk-in closet and its own bath with lanai access, ideal for a future pool bath. Enjoy peaceful evenings on the lanai with room to add a private pool if desired. This owner preferred to take advantage of the many community amenities including two clubhouses, resort style pools, heated spas, fitness center, basketball, pickleball and tennis courts, soccer and baseball fields, and miles of walking and biking trails. Fences are allowed in this community with community approval. Be part of this ever growing area with easy access to shopping, dining, grocery and more! 2024 taxes shown include the CDD fee with access to all amenities.
Source: STELLAR #a4630157
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4630157
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #a4630157
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.