1609 Tolkien Ln, Murfreesboro, TN 37128
3 beds · 3 baths · 1,440 sqft
Unparalleled Features, Modern Comfort, and Prime Location Await! This thoughtfully designed property stands out with its superior craftsmanship, exceptional features, and an unbeatable location that caters to your lifestyle. As you enter, you're greeted by an open concept. The flow between the dining area, kitchen, and living room creates the perfect setup for both entertaining and relaxing. The three distinct spaces feel inclusive and inviting. And the upstairs laundry room? A lifesaver for busy days! At the heart of the home is an oversized kitchen island, large enough to comfortably seat 4-6 people. The owner’s suite is thoughtfully situated at the back of the house, providing privacy and tranquility, and has two separate closets. Storage solutions include a coat closet, a roomy space under the stairs, and more, ensuring everything has its place. Oversized windows throughout the home bring in abundant natural light, creating a bright, airy atmosphere. Durable finishes and like-new conditions mean you can move in without lifting a finger. The backyard has a playground conveniently located near the dog park, pond, and additional parking area. The neighborhood is designed with community in mind, offering sidewalks for evening walks and a welcoming atmosphere. You’ll appreciate the convenience of being just minutes from key amenities like Publix, Walmart, Kroger, and more. Zoned for the highly desirable Blackman schools. With quick access to the interstate, getting there is effortless, whether you're heading to work or exploring nearby attractions. This is more than a house. It’s a lifestyle upgrade. Don’t miss your chance to own this exceptional property. Schedule a showing today and enter a future of comfort, style, and convenience!
Source: REALTRACS #2773322
Source: REALTRACS #2773322
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.
