217 39th St NE, Bradenton, FL 34208
3 beds · 2 baths · 2,284 sqft
Gorgeous and lovingly maintained open concept pool home in beautiful River Point! Located on a glistening lake, you’ll enjoy evening cocktails, backyard BBQs. Watch the sunrise while sipping morning coffee from the overly spacious and covered private lanai. River Point is a beautiful boating community. This home has access to the community boat launch located just five homes away, where you’ll have immediate access to the Manatee River and all of your favorite boating areas from there! Currently no furnishing in home. Photos were taken before furniture was removed. The recent updates include a new roof, new tubular skylights, newly resurfaced Crete pool. In addition to the many upgrades, you’ll also find plantation shutters in the master bedroom, custom window treatments including lanai curtains, custom built wood cabinets in kitchen, baths and laundry room, stainless steel appliances and granite countertops. On top of all of the great things that make this a perfect home is its location. Centrally located off of SR64 between St. Pete and Sarasota, you'll find yourself close to an array of shopping and restaurants and not far from I-75 for ease of commuting to areas both North and South in just a short time. It's also just a short drive to the breathtaking sandy beaches that the Gulf Coast of Florida. In addition, you'll enjoy an array of arts and culture in the area! This home is a perfect forever home or just an escape from the cold northern winters!
Source: STELLAR #a4624926
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4624926
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 30-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: #a4624926
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.