1021 Rhonda Dr, Christiana, TN 37037
3 beds · 3 baths · 3,354 sqft
Stunning, Like-New Home in the Estates Section of Lewis Downs- with NO HOA on a nearly 1/2 acre lot in a CUL-DE-SAC! This 3 bedroom home (which lives like a 4+ bedroom) offers floor plan flexibility throughout. The main level has 2 bedrooms plus a home office (currently used as a bedroom) which are all seamlessly connected to an open-concept kitchen, living, and dining area—ideal for both entertaining and everyday living. Sand-and-finish hardwood flooring and upgraded Pottery Barn lighting add a touch of sophistication to this space! The gourmet kitchen showcases a sleek vent hood, custom cabinetry, premium countertops, and elegant pendant lighting.The second floor offers 2 large bonus areas plus a bedroom + bathroom, along with walk-in storage. Enjoy the tree lined views of your backyard retreat from the covered porch, extended concrete patio or Saltwater Hot tub- which was strategically placed to enjoy the gorgeous sunsets. Need additional outdoor space? The large side yard offers endless possibilities and already includes underground dog fencing. The oversized Garage offers ample room for larger vehicles, storage, gym space, etc. Conveniently located within minutes of all that Murfreesboro offers and with countless extras throughout, this home is truly a rare find. Don't miss your chance to make it yours!
Source: REALTRACS #2785315
Interest rate and monthly payment estimated based on public records.
Source: REALTRACS #2785315
Source: Public records
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%. 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.
Other resourcesWhat 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.
