329 157th Ct E, Bradenton, FL 34212
3 beds · 2 baths · 1,565 sqft sqft
Welcome to your next potential "home sweet home" nestled in sunny Bradenton, Florida! This charming 3-bedroom, 2-bathroom house is fresh on the market and just waiting for someone like you to fill it with memories. TURN KEY FURNISHED! Without even stepping inside, this home's friendly vibe beckons. Once you cross the threshold, you’re greeted by an inviting space that seamlessly blends comfort with functionality. The primary bedroom offers a serene retreat after those long sunny days, complete with its own bathroom for that much-needed privacy and tranquility. Though we can’t measure the laughter or the cozy evenings spent in the living room, we can assure you the space is ample for both. The kitchen, a common battleground for pancake Saturdays, is ready and equipped for whatever culinary challenges you throw its way. No bells and whistles to confuse you here, just a solid, dependable home looking for its new owners. Whether you’re a first-time buyer, a down-sizer, or just looking for a change of scenery, this little gem could be the perfect fit. Perfect circle of great shopping such as Costco and Walmart, restaurants, and parks and only a 15 min drive from UTC Mall where they are currently building a New Mote aquarium. Bask in the sunshine at one of the many local sandy beaches within a short 30 minute drive. Plus, with a community that features a community pool, you’re free to create a lifestyle that’s as active or as relaxed as you wish. Imagine the freedom! So why not come by and see if this house could be where your next chapter begins? After all, a house is made of walls and beams; a home is built with love and dreams. Let’s start living.
Source: STELLAR #n6134105
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #n6134105
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: #n6134105
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.