Exceptional opportunity to own a beautifully updated 4 bedroom, 3 bathroom, 3 car garage home on one of the largest homesites in the gated Copperstone community in Parrish. Situated on just over 1/4 acre, this property offers a fully fenced backyard with a wide panoramic pond view creating a peaceful setting with plenty of space to relax or entertain. From the moment you arrive, the home offers strong curb appeal with a brand new roof, fresh exterior paint, and new landscaping. Inside, the home is light and bright with an open concept layout, soaring 9.5 foot ceilings, and a desirable triple split floor plan providing both functionality and privacy. The kitchen is designed for everyday living and entertaining featuring upgraded 42 inch cabinetry with trim molding, new quartz countertops, brand new stainless steel appliances, updated fixtures, and generous workspace. The kitchen flows seamlessly into the main living areas and overlooks the backyard and pond views. Recent improvements throughout the home include new luxury vinyl plank flooring with no carpet in any of the bedrooms, fresh interior paint, updated lighting, modern hardware, and new fixtures creating a clean and updated feel. The oversized homesite provides one of the largest yards in the community and includes a full irrigation system and fully fenced backyard with expansive pond views and plenty of space for outdoor living. Copperstone is a gated community offering a variety of amenities including a heated resort style swimming pool, clubhouse, fitness center, basketball court, playground, dog park, billiards room, and scenic ponds throughout the neighborhood. The community also offers a designated parking area for commercial vehicles which is a rare benefit for homeowners with work trucks or company vehicles. The location is highly convenient with Barbara A. Harvey Elementary School, Parrish Community High School, and the new State College of Florida campus located nearby. Residents enjoy quick access to Erie Road and Moccasin Wallow Road with convenient connections to I-75, Lakewood Ranch, Sarasota, St. Petersburg, and Tampa. Parrish continues to be one of the fastest growing areas in Manatee County known for its larger homesites, expanding schools, new infrastructure, and close proximity to shopping, dining, and Gulf Coast beaches. This property combines space, updates, water views, and gated community living in one of Parrish’s most sought after neighborhoods.
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.
