257 CAPE HARBOUR LOOP # 107, Bradenton, FL 34212
Welcome to Lighthouse Cove at Heritage Harbour in Bradenton, Florida! This delightful 3-bedroom, 2.5-bathroom corner unit townhome offers the perfect blend of comfort and convenience, whether you're looking for a smart investment or a place to call home. The main level features inviting common areas, including a bright dining space and a kitchen with a convenient pass-through, perfect for casual dining or entertaining. A half bathroom and a laundry area are also located on the ground floor, ensuring easy and convenient access for guests and daily chores. Upstairs, you'll find all three bedrooms, each thoughtfully designed for comfort. The spacious primary bedroom boasts an en-suite bathroom and is generously sized to accommodate a king-sized bed. The additional two bedrooms are served by a well-appointed second bathroom. One of the standout features of this townhome is its prime location within the community—just steps away from the pool. Imagine enjoying a refreshing swim or lounging poolside on sunny Florida days without the hassle of a long walk or drive. Lighthouse Cove at Heritage Harbour is a sought-after community known for its well-maintained amenities, including walking trails, parks, and easy access to I-75, making your commute a breeze. Don't miss out on this exceptional opportunity to own a corner unit in one of Bradenton's most desirable communities!
You may be able to put down less than the total down payment amount of $117,027 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #u8253383