Welcome to this stunning custom all-brick home perfectly situated on a quiet cul-de-sac lot just shy of half an acre. Offering nearly 4,000 square feet of thoughtfully designed living space, this exceptional property features 6 bedrooms and 4.5 bathrooms with a highly desirable layout. The main level showcases an open-concept design with the spacious primary suite, a private guest suite, an additional bedroom or office, and 2.5 bathrooms. The kitchen is equipped with upgraded stainless steel appliances and a hidden walk-in pantry for added convenience and storage. Upstairs offers three additional bedrooms, two full bathrooms, and an oversized bonus room—ideal for entertaining, a media room, or play area. Over $300,000 in upgrades include plantation shutters throughout, a whole-home water purification system, and beautifully maintained front and rear yards with full irrigation. Professional landscaping with accent uplighting enhances curb appeal day and night. The home also features a fully encapsulated, conditioned crawl space with a professional-grade dehumidifier. Step outside to your private backyard retreat featuring a heated saltwater pool with waterfalls flowing from the jump pad, an expansive hardscape patio, and a custom granite and stone outdoor bar with refrigeration and cooking station. A playground and fully fenced backyard provide space for family, guests, and pets. Conveniently located just minutes from Saturn Parkway with quick access to I-65 for travel to Franklin and Nashville. The Crossings is less than six miles away with a variety of shopping and dining, while Publix and Kroger are within three miles. This home offers the perfect combination of space, upgrades, outdoor living, and convenience. Truly a must see.
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.
