4630 56th Dr E, Bradenton, FL 34203
3 beds · 2 baths · 1,677 sqft
Spacious & Stylish Braden Crossing Home – Seller Covers 2 Years of HOA Fees! Discover the perfect blend of modern updates and cozy charm in this beautifully remodeled split-plan home with over 1,600 sq. ft. of living space. Step inside to find luxury vinyl flooring throughout, leading to a spacious primary suite featuring a large ensuite with a separate makeup vanity and a custom walk-in closet with built-ins. A bonus room adds versatility—ideal for a home office, playroom, or hobby space. The expansive lanai overlooks a low-maintenance backyard with a mix of artificial turf and natural grass, perfect for game nights and cookouts. The kitchen is a chef’s dream, offering granite countertops, a breakfast bar, a pantry, a cozy breakfast nook, and an Insta-Hot water system for added convenience. Large windows throughout flood the home with natural Florida sunshine. Nestled on a prime corner lot, this home greets you with a charming front screen porch before leading into a welcoming foyer. With a warm home and modern amenities, you’ll enjoy both comfort and peace of mind. Centrally located between University Parkway and SR-70, you're just minutes from I-75, US-301, shopping, dining, and everything you need! SPECIAL OFFER: Seller will cover the upfront 2-year HOA fee of $1,728, which is refundable after 2 years—a fantastic added bonus for the buyer! Don’t miss out—schedule your showing today and start living the Florida lifestyle!
Source: STELLAR #A4640591
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #A4640591
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.