2436 Sand Gables Trl, Bradenton, FL 34208
3 beds · 3 baths · 2,704 sqft
Modern Elegance Meets Exceptional Comfort VA Assumable Loan at 3.75%! Motivated Seller! Step into modern luxury with this stunning single-family home, spanning 2,910 square feet of contemporary elegance. Nestled on a private premier lot.The luxury amenity center, this home offers the perfect combination of convenience and exclusivity. This residence boasts 3 spacious bedrooms, 3 bathrooms, and a thoughtfully designed layout to accommodate both comfort and style. The heart of the home is a gourmet kitchen featuring an oversized granite island, upgraded appliances, and picturesque views of the private backyard. Recessed overhead lighting throughout the home adds a touch of sophistication and ambiance. Designed with both space and functionality in mind, the home provides multiple areas for relaxation and entertainment, including a grand open great room and a versatile upstairs bonus room perfect for work, play, or hosting guests. The expansive master suite is a true retreat, complete with soaring tray ceilings, his-and-her walk-in closets, and a spa-inspired bathroom featuring an oversized soaking tub, a glass-enclosed walk-in shower, and dual vanity sinks. A 3-stall garage offers endless flexibility—store vehicles, belongings, or create your dream workshop. Outside, enjoy a screened-in lanai overlooking the private backyard, perfect for outdoor dining and entertaining. With a little TLC, this home will shine like new. Don’t miss this incredible opportunity—motivated seller, so schedule your showing today!
Source: STELLAR #TB8342368
Financials
Source: Public records
Source: STELLAR #TB8342368
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.