7707 10th Ave NW, Bradenton, FL 34209
3 beds · 2 baths · 2,223 sqft
Tranquil Waterfront Retreat in Northwest Bradenton! Discover the perfect blend of nature, comfort, and resilience in this stunning ranch-style home, nestled along a peaceful canal in the heart of Northwest Bradenton. Wake up to breathtaking water views and enjoy daily visits from ducks, turtles, birds, and even otters—an idyllic setting for nature lovers. This spacious 3-bedroom, 2-bath home is designed for both relaxation and entertaining. The master bedroom opens directly to the screened-in lanai, where you can enjoy your morning coffee in serene surroundings. A custom extended concrete patio adds even more outdoor living space, ideal for soaking in Florida’s sunshine. Inside, you'll find vaulted ceilings in the living and dining areas, a bright breakfast nook leading to the lanai, and a large family room with dedicated office space. The laundry room features a stylish barn door, while the custom California closets in the second and third bedrooms provide ample storage. Meticulously maintained and move-in ready, this home boasts numerous upgrades, including: New Roof (2023) New Exterior Paint (2023) Impact Hurricane Windows (2023) New Appliances (2023) Exterior A/C Unit Replaced (2023) Recently Cleaned Air Ducts Exterior painted 2023 Front porch tiles and ceiling redone (2023) Resilience is key—this solidly built home has never experienced flooding during storms and has consistently maintained power. Located in a quiet, sought-after neighborhood, you’re just minutes from Anna Maria Island's pristine beaches, Robinson Preserve, and DeSoto National Park, with their scenic waterways and walking trails. Plus, enjoy top-rated restaurants, shopping, and the newly improved 9th Avenue biking paths and sidewalks. The seller is offering a home warranty for added peace of mind. Don’t miss this gem—schedule your private showing today!
Source: STELLAR #A4631743
Financials
Source: Public records
Source: STELLAR #A4631743
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.