6828 Coyote Ridge Ct, Bradenton, FL 34201
3 beds · 2 baths · 2,357 sqft sqft
Nestled in one of the most sought-after areas, this beautifully updated lakefront residence with office offers an unbeatable combination of luxury, convenience, and Florida charm. Located mere minutes from UTC Mall, Benderson Park, I-75, SRQ Airport, and a host of cultural attractions, this home provides easy access to everything you need while maintaining a tranquil, private setting. This home offers a rare assumable mortgage at a staggering low interest rate of 2.375%. As you approach the home, you’ll be greeted by lush landscaping, a paver driveway, and a tile roof that enhances its stately curb appeal. The three-car garage adds both function and style. Step through the double glass doors and you’re immediately welcomed by an expansive open floor plan bathed in natural light. Soaring ceilings, a striking stone-accented fireplace, and sweeping views of the lake and pool create a breathtaking first impression. The private backyard retreat is the ultimate escape with exciting new enhancements such as New pool pump (24’), New remote controlled retractable awning (23’), Resurfaced and Re-tiled pool (23’), and New pool cage with rust proof screws (23’). Relax by the sparkling solar-heated saltwater pool and spa, or enjoy the serene water views and stunning sunsets from the spacious, screened lanai. An outdoor shower adds a touch of luxury, making this area perfect for unwinding after a long day. For the home chef, the kitchen is a dream come true. Equipped with New appliances, convection oven with pots and pans (24’), dishwasher (24’), microwave (23’), built-in double ovens, and ample pantry storage, it’s perfect for preparing meals for family and friends. A cozy breakfast nook with a picture window overlooking the pool offers the ideal spot to start your day. The master suite is a true sanctuary, featuring private pool access, a walk-in closet with custom cabinetry, dual vanities, a garden tub, and a walk-in shower with marble floors all designed for maximum comfort and convenience. There are 2 other bedrooms on the opposite side of the home with a newly remodeled shower with seamless glass door and marble floors. Mote Ranch offers a low-maintenance lifestyle with minimal HOA fees and no CDD fees. Residents enjoy access to a range of community amenities, including a recreation complex with a fishing dock, clubhouse, pool, playground, kayak launch and nature trails. Come experience the best of University Park living where every day feels like a vacation!
Source: STELLAR #a4629679
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4629679
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
MLS ID: #a4629679
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.