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Let us help you buy your dream home in Bradenton!

Bradenton exemplifies the best of Florida – all-year sunshine, cool ocean breeze, and a range of recreational activities. While residents appreciate the active lifestyle opportunities afforded by the city, they also welcome the peaceful atmosphere that makes it a great getaway for out-of-towners.According to Zillow, median home price in Manatee County is $230,700. Discuss your needs and budget with Earnest – we can help you find the right home from the vast choice in Bradenton real estate.
Miami Florida skyline of downtown colorful skyscraper buildings

Bradenton – Scenic and Culturally Rich

Vibrant city with a strong sense of community

Located seven miles from Bradenton Airport, between Tampa and Sarasota, Bradenton overlooks the Gulf of Mexico. Bound by the Manatee River to the north, the city boasts stunning sunsets and a waterfront downtown where people enjoy strolls and watch the sun emerge from the coast in the mornings. Home to fewer than 55,000 residents, Bradenton has six historic properties, the Village of Arts art district with galleries, studios and restaurants, and the 10,000 square feet ArtCenter. The South Florida Museum is a popular attraction, and houses the world's oldest manatee in captivity. Green spaces abound, from the Bradenton Riverwalk to historical and botanical parks. Bradenton is served by several specialty stores and large retail stores. Beautiful beaches lie to the northwest.
Miami Florida skyline of downtown colorful skyscraper buildings
Art deco district of South Beach in Florida USA

Remove the stress of owning a home in Bradenton

Leverage our local expertise to find and finance your home

Buying a home – whether it is your first residence or the next one in your investment portfolio – is an overwhelming process. A lot of research, planning and budgeting is necessary to make informed choices. Earnest's local knowledge and extensive industry experience allows us to match your needs with the most compatible real estate solutions. We perform a deep scan of neighborhoods and homes for sale, while also advising you on mortgage products and repayment options. Discuss your requirements, preferences and budget with us. We will immediately put options before you and help you zero in on the best deal. As a one-stop service, we help you link various touchpoints of the home buying journey in a seamless manner. We communicate transparently, in jargon-free language, patiently explaining everything you need to know.
Art deco district of South Beach in Florida USA

Common Questions About Buying a Home in Bradenton

All The Answers You Need to Settle Down Sooner

Should I choose a fixed or adjustable rate?

It depends how long you expect to stay in the home. Adjustable rates are good for people who may not be in the home long, whereas fixed rates are ideal for people who are confident of settling in.

Do I need a home appraisal?

Probably—in most cases, the homebuyer must use an appraiser to evaluate the value of the home. Appraisal costs vary depending on the value of the property, as well as the state the house is in. Buyers cannot choose their own appraiser—the bank makes the decision.

What is PMI?

Private mortgage insurance (PMI) is required when a homebuyer makes a down payment of less than 20%, or when a borrower refinances with less than 20% equity in the home. PMI fees vary according to your down payment and credit score, and adds a premium to your monthly mortgage payment. Please note, PMI is tax-deductible in 2015 and 2016 for certain income brackets.

What does Loan-to-Value mean?

Loan-to-Value (LTV) is the percentage of your home’s value that your loan represents. When refinancing, the calculation is simply the loan amount divided by the appraised value. When buying a home, the LTV is found by dividing by either the purchase price or appraised amount, whichever is lower. When the LTV is less than 80%, the lender generally requires PMI.

For example:

Purchase price: $100,000
Down payment: $15,000
Loan amount: $85,000
Appraised value: $110,000
LTV: $85,000/$100,000 = 85%

What are closing costs?

Closing costs are standard fees associated with a real estate transaction. You will typically pay about 2-5% of the purchase price in closing costs—the exact amount depends on where you are buying (or refinancing), as well as number of extra fees involved in your particular transaction. Earnest charges no lender fees, so the borrower is only responsible for 3rd-party fees.

What should I consider before refinancing my mortgage?

Refinancing your home loan is an attractive option when rates are low. A simple rate and term refinance can help you lower your monthly payment and potentially eliminate your PMI premium, as long as you have built up enough equity in the home. You might also use a cash-out refinance to access some of the equity you’ve built up in the home (which may result in a higher monthly payment on your new loan).

However, keep in mind that refinancing a mortgage does involve several fees (closing costs). Before refinancing, you should calculate the ‘break-even’ point at which your refinanced loan makes up for the closing costs. If you plan to leave your home before this time, it’s better to stay with your current mortgage.

Knowledge Is (Buying) Power

Further Resources from the Earnest Blog

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The intelligent home loan

When it comes to finding the right home loan, Earnest works hard to ensure that the process pain-free. We use an industry-leading and intuitive online-only application (meaning most times no scanner or fax machine required), a 5-star client service team, and a unique rolling pre-approval that stays current while you track down that perfect home. At Earnest, the home loan process is like no other.