431 Gris Sky Ln, Bradenton, FL 34212
3 beds · 2 baths · 1,690 sqft
Nestled in a well appointed and mature neighborhood, this beautifully maintained 3-bedroom, 2-bathroom home offers the perfect blend of comfort and character. Spanning 1,690 sq. ft., the split floor plan ensures privacy and functionality, ideal for families or those who love to entertain. Enjoy stunning, wide water views from your own backyard—perfect for unwinding at the end of the day or hosting gatherings with family and friends. Inside, the cozy atmosphere is complemented by well-maintained finishes and thoughtful design throughout. The community amenities include a community pool and a park, providing easy access to outdoor activities and relaxation. Whether you're looking to relax by the water, take a swim, or enjoy time outdoors, this home offers an ideal setting. Don’t miss the opportunity to own this gem in a highly sought-after location. Schedule your showing today and see why this home is the perfect place to start your next chapter.
Source: STELLAR #A4639278
Financials
Source: STELLAR #A4639278
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.