12741 Coastal Breeze Way, Bradenton, FL 34211
3 beds · 2 baths · 1,766 sqft sqft
Assumable VA loan at 2.5% interest, ask REALTOR® for details! Welcome to Indigo, a gated premier resort and lifestyle community! Low HOAs include gated community, amenities center, activities and lawn maintenance. This Neal-built Victory floor plan features three bedrooms, two baths plus a den with an open floor plan leading out to a beautiful water view right off your lanai, great for a morning coffee or evening cocktail. This home has all the right features, including luxury vinyl flooring throughout, Culligan whole-house water softener system, water filtration at the sink and ice maker, quartz countertops, walk-in pantry, upgraded kitchen cabinets, walk-in closets in all bedrooms, recessed lighting, ceiling fans, tray ceiling, double sinks in the primary bath and a Schlage keypad entry on the front door. Also, enjoy a safe, spa-like bathing experience without leaving home with your step-in tub. The property features access to a stunning clubhouse where residents can gather, relax and enjoy the full calendar of events the on-staff lifestyle director prepares on a monthly basis. Enjoy the luxurious resort-style pool and sauna, ideal for soaking up sun and unwinding. For sports enthusiasts, there are four dedicated pickleball courts, bocce ball and a state-of-the-art gym, ensuring recreation and fitness at your doorstep. Ideally near shopping, restaurants, sports complex, activities, top-rated schools and the interstate. Move in today and enjoy.
Source: STELLAR #a4628027
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4628027
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: #a4628027
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.