3409 Anchor Bay Trl, Bradenton, FL 34211
4 beds · 3 baths · 2,859 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Nestled in the exclusive, gated community of Mallory Park, this gorgeous 4-bedroom, 2.5-bathroom private pool home is the epitome of elegance. The Citrus Grove two-story floor plan is thoughtfully designed with a bright, open concept that perfectly balances modern living with style. Upon entering, you'll find a versatile flex room ideal for a home office or easily convertible into a fifth bedroom. The expansive great room features disappearing pocket sliding glass doors that seamlessly connect to the pool area, complete with a large, covered lanai and screened-in lanai features a private gas-heated pool provide a serene retreat for unwinding. Adjacent to the great room is the dining area and an impressive chef’s kitchen, featuring a spacious quartz-topped island perfect for meal prep or entertaining, stainless-steel appliances, a large pantry closet, and a beverage station equipped with a KitchenAid beverage refrigerator and wine storage. The owner’s suite offers tranquil views of the pool area and boasts a stylish accent wall with chic wallpaper. The en-suite bath features dual sinks, a large shower, and a customized closet. The first floor also includes a convenient powder bathroom and a well-appointed laundry room with upper and lower storage cabinets, ample counter space for sorting or folding, and a built-in laundry sink. Upstairs, three additional bedrooms, a full bathroom, and a spacious bonus room await. The bonus room has a shiplap accent wall and a large storage closet, making it the perfect space for relaxation or entertainment. Additional upgrades include decorative light fixtures, built-in speakers both inside and out, no carpeting throughout, an epoxy-coated garage floor, and a tankless water heater. Residents of Mallory Park enjoy direct access to Bob Gardner Park on the north side of community and private trails leading to two top-rated schools—B.D. Gullett Elementary and Mona Jane Middle School on the southside. The community’s amenity center serves as a hub of activity, offering a Key West-inspired clubhouse with a catering kitchen and large room ideal for hosting parties, a state-of-the-art fitness center, a resort-style pool and spa, a fire pit, a sports court, and a playground. Lakewood Ranch, the #1 master-planned community for all ages, provides an unparalleled lifestyle with championship golf courses, a premier sports campus, sandy beaches, and exceptional shopping just minutes away. Don’t miss the chance to own this extraordinary home in the highly sought-after Mallory Park community!
Source: STELLAR #A4636405
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #A4636405
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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 and Equal Opportunity Act.