10720 Chippewa Dr Parrish, FL 34219
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About this home
4.99% Rate Assumable FHA with Roam! Welcome to your dream home in the highly sought-after Bella Lago community of Parrish, Florida! This stunning 3-bedroom, 2-bath home, built in 2023, perfectly blends modern style with everyday comfort. Step inside and be greeted by beautiful tile flooring throughout the main and wet areas, paired with plush carpet in all bedrooms for added warmth and comfort. The spacious open-concept kitchen is perfect for entertaining, featuring a large island and seamless flow into the living and dining areas. The living room showcases a custom-built media wall complete with a TV, sound bar, LED lighting, and an electric fireplace, creating the ideal space to relax or host guests. Step outside to your partially fenced backyard and enjoy peaceful pond views, offering a tranquil retreat right at home. Bella Lago is a vibrant, resort-style community featuring multiple pools, amenity centers, fitness facilities, playgrounds, and scenic walking trails—there’s truly something for everyone to enjoy. Located in Parrish, one of Florida’s most exciting up-and-coming areas, you’ll be surrounded by new growth, top-rated schools, expanding shopping centers, and a variety of restaurants. With easy access to major highways, you’re just a short drive from Sarasota, St. Pete, and some of Florida’s best beaches. Don’t miss your chance to call this beautiful, move-in-ready home yours—a perfect blend of modern living, community, and convenience in one of the fastest-growing areas on the Gulf Coast!
Source: STELLAR #TB8444483
Loan details
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45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.