11969 Brookside Dr, Bradenton, FL 34211
3 beds · 3 baths · 1,698 sqft
Under contract-accepting backup offers. Best location in the neighborhood and in the LWR community! Enjoy a short walk over to the heated pool and clubhouse from this 3 Bedroom/2 Bathroom/2 Car Garage townhome that has been priced to sell. The first floor features beautiful laminate flooring, a great room, powder bath (with storage) and a large, functional Kitchen. In the Kitchen you will find Java wood cabinets, granite counters, stainless appliances and a roomy island with tons of storage (including 42" upper cabinets, and an additional pantry). From the Kitchen you access your private paved patio (no busy road behing). On the second floor is the spacious Owner's Suite (with a tray ceiling and HUGE walk-in closet) and two additional bedrooms and bathroom. The second floor laundry room includes a newer washer and dryer and another storage closet. Harmony offers residents resort-style amenities including a heated pool, fitness center, park, clubhouse, walking trails, and much more, ensuring a lifestyle of comfort and convenience. Located centrally in the top master planned community in the country, which offers a variety of clubs, shopping, dining, library, hospital, activities and events! Lakewood Ranch is located near Anna Maria Island, Siesta Key Beach, downtown Sarasota, UTC Mall, Bradenton Beach and more! This home is in an A-rated school district and is about half mile from the Lakewood Ranch Prep Academy and LECOM!
Source: STELLAR #a4616282
Source: STELLAR #a4616282
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: #a4616282