9189 Royal River Cir, Parrish, FL 34219
5 beds · 3 baths · 2,622 sqft
Stunningly spacious recently built, 5 bedroom, 3 bathroom 2 level Smart home, located in desirable up and coming North River Ranch. New master designed community with a country/suburb feel in Parrish Florida. Located 30min from Tampa and 20 min from Sarasota perfect family home to commute out of the hustle and bustle from. Situated on a spacious lot for the family to enjoy. The interior of the home is beautifully appointed with high end finishes and features throughout. The kitchen is expertly designed with families in mind, with stainless steel appliances, granite counter tops and a large breakfast bar island. The Master bedroom is a true oasis with private en" suite bathroom walk in glass shower, couples sinks and walk in closet all overlooking a beautiful spacious well manicured back yard. Location being everything, where this town and home are situated it checks all the boxes, great school district and close to shopping and dinning. This community includes full use of Large lavishly decorated pool, fitness center dog park, numerous walking/running trails large playground and new features still to come. With lender approval assumable mortgage at lower than current rate. Get in early as this fully master designed family community continues to come together. This is set to be the next Lakewood Ranch type community and maybe even better, future is bright for this area. Extra large lot due to easement on parcel to west of property. Call Realtor for more details on this unique , desired property. Assumable mortgage for qualified applicants far below market rate as an option. Additionally this 2+ year old home has been through 4 hurricanes, 2 major, with no damage or flooding and less than 24hrs total without power, proof again of the well designed community and quality build. Call for more details
Source: STELLAR #a4608761
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4608761
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: #a4608761
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.