1369 Eliot Rd, Franklin, TN 37064
4 beds · 4 baths · 2,677 sqft
Location, Location, Location!! Come see this Beautiful, Updated Townhome in the coveted WESTHAVEN neighborhood. This home has updates galore, while maximizing every inch of space. Upgrades include: Newly refinished hardwoods throughout, custom built-ins in master & living room. Custom pantry and laundry room. New shaker kitchen cabinets and custom pantry. Updated bathrooms throughout. Brand new roof and freshly painted exterior. Overlook the open green space from the front porch, complete with porch swing. The Westhaven community offers extensive amenities including multiple Resort Pools, Tennis, Pickleball, Fitness Centers, Golf, Fishing, & Walking Trails. Enjoy the shops and restaurants at the front of the neighborhood- just a short walk or golf cart ride away! Main Level Primary Suite, 3BR up including an en-suite bath and open Rec Room, two car attached garage. Williamson County schools. Professional photos coming Tuesday!
Source: REALTRACS #2782286
Interest rate and monthly payment estimated based on public records.
Source: REALTRACS #2782286
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.
