3706 162nd Ave E, Parrish, FL 34219
3 beds · 3 baths · 3,388 sqft
Get a free consultation call with an expert in the mortgage assumption process.
MAJOR PRICE IMPROVEMENT! MOTIVATED SELLER! This Mark Cahill Homes built home offers 3BR's+Den,a19x16 bonus room that could easily be a 4BR with a full bath, and a separate LR & DR. This upgraded home sits on over a 1/2 acre lot with a private wooded view and private oasis in the backyard. The flawless interior includes such upgrades as custom trey ceilings, lighted art nooks, crown molding thru-out, and 18" diagonal laid ceramic tiles, fireplace installation in living room, new roof in 2023, exterior house painted in 2023, new pool heater (2025), newly tiled floors in master bedroom and den, custom blinds and plantation shutters. Upon entering the front door you are greeted with the stunning views of the pool and the pavered lanai area. The formal dining room to the right and separate living room to the left. Walk through the impressive columns to the kitchen area. The eat in kitchen features large 42" wood cabinets, granite countertops, breakfast bar, and a generous sized walk in pantry. The master suite offers his and her closets, lighted trey ceilings and access to the pool area. The unique master bathroom has his/her granite sinks, jetted master garden bath & roman shower. There is also a den/office for when the work needs to be brought home. The walkways are pavers with plenty of outdoor lighting to spotlight the homes grand elevation. The lanai was pavered 2012 and is ready for the parties to begin. Throw the food on the custom built grill and enjoy the peaceful setting that this back yard has to offer. This is truly a dream come true - don't leave this home off your list. Twin Rivers offers playgrounds, beach volleyball, soccer field, basketball court, picnic areas, walking trails, community building on the Manatee River w/boat access, complete with fishing pier.
Source: STELLAR #A4633286
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #A4633286
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.
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.
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.
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 620, 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.