3808 El Conquistador Pkwy, Bradenton, FL 34210
3 beds · 3 baths · 2,097 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to Paradise! Investigate the superb lifestyle in this rarely available Bayside beauty with timeless appeal and the perfect location. This sunlit drenched, stunning 3 bedroom, 2 1/2 bath, Tudor style home with oversized garage and private pool is calling your name. This incredible, all brick home is nestled in the heart of El Conquistador and just one block from IMG. It is close to Golf, tennis, biking, shopping, fine dining and only a couple of miles to the white, sandy beaches and turquoise waters of Anna Maria Island and Longboat Key. SRQ is just a hop, skip and a jump away to take a little vacation. Some of the fine features of this elegant home are newer roof(2022), 2 AC's 1 (2024) and 1 in (2014). Most appliances are fairly new in this updated kitchen with walnut cabinets, tile counters and stainless steel appliances. (GE) Property has been professionally encapsulated with automatic dehumidifier. Enter this lovely home and step into a living room with a wood burning fireplace and has french doors and looks out over this incredible pool area with a covered lanai for entertaining. There is crown molding throughout and custom window shutters. There is a bonus Den/Office off the kitchen that lead to pool area. This home has everything and there is no HOA or CDD. Come check it out.
Source: STELLAR #A4633778
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 #A4633778
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 of Equal Opportunity Act.