10837 Prairie Lake Dr, Apison, TN 37302
3 beds · 2 baths · 1,918 sqft
Welcome to 10837 Prairie Lake Dr, a one-level newer home in Apison, TN. The property has no steps entering, exiting, or while inside! Built in 2020 the property has been kept in great condition by its original owner. Inside you will find upgraded finishes with no detail overlooked. The kitchen and bathrooms have granite countertops throughout. The kitchen is open to the living room and has a large island, tile backsplash, plenty of cabinet space, and a gas stove. Never run out of hot water with the large gas on-demand hot water heater. The spacious primary bedroom is complete with a tray ceiling and extensive ensuite bathroom and oversized closet. If you are looking for an elaborate shower and primary closet, look no further! The shower is unparalleled in size and is complete with glass door, tile seating area, and across from the shower is a large double vanity. Before you leave the bathroom, you will need to see the closet which is ten feet by twelve feet giving plenty of closet space. A split-bedroom floorplan separates the other two bedrooms which have their own full bathroom with double vanity. The large living room is perfect for entertaining or relaxing by the fireplace. It is complete with built in bookshelves which give the room its own custom look. The dining room is is open to the living room and has enough room for a large dining room table. On your way to the backyard, you will pass through the screened in porch which is perfect for enjoying the weather. The level yard has plenty of space and privacy and the irrigation system will make lawn care a breeze! This home is the complete package and has the perfect spot for your Christmas tree this year. Call today for more information or to schedule a showing.
Source: REALTRACS #2754915
Interest rate and monthly payment estimated based on public records.
Source: REALTRACS #2754915
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.
