335 64th Avenue Cir E, Bradenton, FL 34203
3 beds · 2 baths · 2,076 sqft sqft
This LAKE VIEW split-plan home features three bedrooms and a den. Enjoy stunning views of the lake from the primary bedroom suite, great room, and dining room. French doors gracefully invite you into the den, adding to the home's functionality. The kitchen showcases sleek solid surface counters, a generous breakfast bar, and a convenient walk-in pantry. The primary bedroom suite boasts a spacious walk-in closet and an indulgent bathroom complete with a separate shower and relaxing garden tub. FOR ADDED PEACE OF MIND, THE HOME COMES EUQIPPED WITH A GENERATOR and all new smoke and carbon monoxide detectors. Outside, enjoy the peaceful lake view from the screen enclosed lanai and fenced yard adorned with lemon, mango, and kumquat trees. AN ELECTRIC CAR CHARGING OUTLET IS INCLUDED for convenience. Sterling Lake community offers a pool with stunning lake views and meticulous landscaping. Sterling Lake is conveniently situated between Bradenton and Sarasota, with easy access to US 41 for dining, entertainment, and shopping. Nearby attractions include St. Armand's Circle, Lido Beach, and Sarasota airport for hassle-free travel. With very low HOA fees and no CDD, this home is ideal for those seeking comfort and convenience. VA VETERANS CAN TAKE ADVANTAGE OF THE ASSUMABLE LOW INTEREST RATE.
Source: STELLAR #a4605939
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4605939
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.
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: #a4605939