8224 Reefbay Cv, Parrish, FL 34219
4 beds · 3 baths · 2,207 sqft
ASSUMABLE VA LOAN @5.75%!! Welcome to your new home built by Centex, their best selling floorplan the McNair in the charming community of Parrish, Florida! This newly built house is situated on a cul-de-sac with no rear neighbors while overlooking water and FULLY FENCED! This model is a perfect blend of comfort and modern living without the new construction price tag!! This beautiful home offers 4 spacious bedrooms and 3 well-appointed bathrooms. One of the standout features of this property is its fantastic outdoor space. Imagine sipping your morning coffee on the patio while enjoying the serene waterview. The best part? No rear neighbors for tons of privacy! For those who love convenience, this home's location is hard to beat. It's situated in close proximity to Interstate 75, making your daily commute, shopping or weekend getaways a breeze. Yet, you're far enough away to enjoy the tranquility of suburban living. Parrish is an up-and-coming area, poised for growth and development. By choosing this home, you're not just buying a property; you're investing in a promising future! The community around your new home is filled with amenities to enhance your lifestyle. Tons of schooling options, perfect for families. For your daily shopping needs, Publix Super Market at Gateway Commons is conveniently close and many more things being built. When you're in the mood for some outdoor recreation, Wildleaf Park at North River Ranch offers a lovely green space to unwind. This house isn't just a place to live; it's a place to thrive. With its thoughtful design, prime location, and the potential of the surrounding area, it's an opportunity you won't want to miss. Make this house your home and start living the Florida lifestyle you've always dreamed of!
Source: STELLAR #tb8304724
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8304724
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: #tb8304724
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.