17825 Gulf Ranch Pl, Bradenton, FL 34211
3 beds · 3 baths · 2,045 sqft
Under contract-accepting backup offers. Your beautiful pool home with incredible water views awaits. Built in late 2022, this 3 bedroom plus den, 2.5 bathroom home is perfectly situated in the exclusive gated community of Star Farms. From the moment you walk in the front door you are met with views that extend through the spacious great room and kitchen and out to the relaxing covered lanai and water views. The open main living area includes a great room, kitchen and dining area - perfect for entertaining. In the kitchen, you will find a beautiful granite island and countertops overlooking the living area. The sliding glass doors in the great room, open to the covered lanai and pool area where you can relax and enjoy pool home living at its finest. The primary bedroom features two walk-in closets and a bathroom with walk-in shower, double sinks and private water closet. This model was also configured with the popular den option with French doors. The new pool features a sun shelf with umbrella holder - great for chairs and lounging in the sun, multicolored led lighting, pool heater, pavers and screen enclosure - perfect for outdoor fun and entertaining. Take a nice stroll on the private walking trails that wind through the community. Star Farms has 4 amenity centers, resort-style pools, clubhouse, bar and grill, coffee shop, poolside cabanas, pickleball, tennis courts, pet parks, baseball field, basketball court, sand volleyball, and much more. Located in the heart of Lakewood Ranch with close access to 75, University Town Center, restaurants, shops, multiple beaches, Sarasota Airport, Tampa and St. Pete Airports and more.
Source: STELLAR #a4614869
Source: STELLAR #a4614869
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: #a4614869