1456 Ovaldale Dr, Murfreesboro, TN 37128
4 beds · 3 baths · 3,188 sqft
Welcome to this stunning 4-bedroom, 3-bathroom home in the sought-after South Haven community of Murfreesboro! This home offers both style and functionality, perfect for modern living. The main level features a thoughtfully designed layout, including one bedroom and a full bathroom, ideal for guests or multi-generational living. The heart of the home is the large, open kitchen, complete with gas burners, a spacious kitchen island, and a walk-in pantry that provides abundant storage. Between the kitchen and pantry, you’ll find a versatile nook that makes a great home office or homework station. Adjacent to the kitchen is a bright and airy sunroom, filling the space with natural light and creating the perfect spot for relaxing or entertaining. Upstairs, the expansive bonus room offers endless possibilities for use as a media room, playroom, or additional living space. The second floor also includes three generously sized bedrooms and two full bathrooms, including the luxurious primary suite. The primary bedroom is truly a retreat, featuring a massive walk-in closet (as big as a bedroom at 13ft x 12ft!) with wood shelving and room to customize further with a closet island. The spa-like primary bathroom boasts double vanities and a tiled walk-in shower, providing a serene escape at the end of the day. Outside, enjoy the covered back porch, perfect for summer evenings or weekend barbecues. This home combines modern convenience with elegant design, offering plenty of room to grow and create memories. Community pool opens on May 1st and is open through September 30th. HOA maintains the playground and walking trail as well. Food trucks every Thursday and community gatherings at the pool to get to know your neighbors. Get to know one of the best neighborhoods in Rutherford County by taking a look today!
Source: REALTRACS #2780497
Interest rate and monthly payment estimated based on public records.
Source: REALTRACS #2780497
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.