12198 Longview Lake Cir, Bradenton, FL 34211
3 beds · 2 baths · 1,865 sqft sqft
Welcome home to your beautiful, lakefront home in the highly desirable, gated community of Central Park in Lakewood Ranch. Three bedrooms + den/office, two full baths and a great room floor plan - no wasted space. With plenty of bright natural light, this open floor plan is perfect for entertaining - a spacious kitchen featuring white cabinetry, stainless appliances, a gas cooktop, quartz counters, stylish backsplash, above/below cabinet lighting and a large island. Upgrades include plantation shutters, beautiful tile throughout the main living space, tray ceilings and custom closets in each bedroom. The primary bedroom offers a lake view, dual vanities and a large glass-frame shower. A dedicated laundry room includes cabinets, a workspace and a utility closet. No neighbors behind you, private lanai overlooks the lake. *HOA COVERS: Gated Community, Community Manager, Common Grounds Maintenance, Trimming & Irrigation, Park & Pavilion, 2 Dog Parks, Playground & Splash Pad, Tennis Courts, Sports Field, and Social Events. Also, room to add pool. *LOCATION: CENTRALLY LOCATED. Just outside the gates are A rated schools : Gullett Elementary, Lakewood Ranch High School, Mona Jain Middle School, LECOM, & Manatee Tech East Campus. Minutes to shopping, tons of restaurants, grocery stores, gyms and salons. Close to Lakewood Ranch Main Street, plenty of walking trails and parks, Lakewood Ranch Hospital and not far from I-75, The Bradenton/Sarasota International Airport, University Town Center and top rated beaches. Come and live the Florida lifestyle that you have always dreamed of.
Source: STELLAR #a4621112
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4621112
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: #a4621112
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.