6255 Cassia St, Bradenton, FL 34203
2 beds · 2 baths · 1,525 sqft
PERFECTION IN POINCIANA! This home shows like a model! Treat yourself to this absolutely darling 2Br/den attached villa in the maintenace free gated community of Poinciana. Quality built by Neal Communities with a British West Indies exterior flare, this Tidewater floorplan is a light, bright and open design. Relax and enjoy the outdoors and sunny Florida weather on your extended screened pavered lanai. This pristine home has gorgeous wood plank style ceramic tile floors thoughout every room except the 2 bedrooms. The beautiful kitchen showcases quartz counters, 36" shaker cabinets, stainless steel appliances, a 5 burner gas stove, under counter lighting, and an island with breakfast bar seating. The large greatroom is graced with a lovely tray ceiling with lots of recessed lighting. The spacious primary bedroom is a true owner's retreat with plenty of wall space for furniture placement, a large walk in closet and dual vanities with walk in shower. The guest bedroom has a large walk in closet as well. The versatile den can be used as a home office or potential 3rd bedroom. This Green-certified home was built with many energy saving features, a smart home package and impact resistant windows throughout! Home comes equipped with natural gas connections, a gas hot water heater, range, dryer and a gas connection on your lanai for your grill. With lawn care included in your HOA fees, you'll have so much more free time to enjoy the community's awesome amenities. You are just steps from the resort style heated community pool and spa, picnic area and nature trails. This quaint and peaceful community has low HOA fees of $368/month and NO CDD fees! This prime Bradenton location is super convenient and just minutes away from all sorts of shopping, restaurants, the UTC Mall, the airport, Benderson Park, downtown areas of Sarasota, Lakewood Ranch. You are also just a short drive to many of the areas award winning white sand beaches of the Suncoast! Home is available FULLY FURNISHED. Furniture sold on a separate agreement.
Source: STELLAR #A4646613
Financials
Source: Public records
Source: STELLAR #A4646613
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.
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.
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.