Welcome to your dream home at 10516 Chippewa Dr., nestled in the picturesque community of Bella Lago in Parrish, Florida. This stunning single-family residence, built in 2022, boasts a spacious 2045 square feet of contemporary living space, featuring Three bedrooms with a Flex/Office Space with French Doors and 2.5 baths. With an inviting curb appeal and a meticulously designed layout, this home is perfect for families seeking comfort and style in a vibrant neighborhood. As you step through the front door, you are greeted by an open floor plan that seamlessly blends the living, dining, and kitchen areas, creating an ideal setting for entertaining and family gatherings. The heart of the home showcases a modern kitchen adorned with elegant backsplash details, pendant lighting, and under-cabinet lighting that highlights the high-end finishes. The adjacent laundry room features custom upgrades, ensuring functionality meets style. The real jewel of this property is the exquisite outdoor living space. Step outside to discover your own personal oasis—a luxurious saltwater pool enclosed by a protective cage. This heated and chilled pool is equipped with an inground cleaning system that ensures crystal-clear waters without any cold spots, making it a perfect retreat for year-round enjoyment. Whether you're hosting summer barbecues or enjoying quiet evenings under the stars, the custom high-end designed luxury outdoor kitchen, will impress your guests with its high-end features and ample space for culinary adventures. The backyard offers breathtaking views of a serene pond, providing a tranquil backdrop while you unwind or entertain. With a low-maintenance yard and extra insulation in both the attic and garage, this home is designed for comfort and efficiency. The insulated garage door and above-storage ensure practicality, while custom blackout blinds in the bedrooms and motorized blinds on the sliding doors add a touch of luxury. Living in Bella Lago means embracing a vibrant lifestyle filled with amenities that cater to both relaxation and recreation. Residents enjoy access to a stunning clubhouse, a resort-style heated swimming pool, and a fully equipped fitness center. Children can play and make memories at the tot lot, while pet owners will appreciate the dedicated dog park. With a multi-purpose sports field and a covered picnic area, this community fosters a sense of connection among neighbors and offers plenty of opportunities for outdoor fun. In addition to its remarkable features, this home is situated in a conservation area, ensuring privacy and a natural setting right outside your door. The front yard irrigation system utilizing community reclaimed water is an eco-friendly touch that aligns with a sustainable lifestyle. In conclusion, 10516 Chippewa Dr. offers a rare opportunity to own a luxurious, upgraded home in the heart of the sought-after Bella Lago community. With its stunning outdoor features, modern amenities, and family-friendly environment, this property is not just a house; it's a place where memories are made and cherished. Don’t miss your chance to experience the best of Parrish living—schedule your tour today!
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
