1767 Wynnewood Dr, Chapmansboro, TN 37035
3 beds · 3 baths · 4,180 sqft
With rooms this big, the possibilities are endless~With over 4100sqft and 3.76 acres there are plenty of places to ENTERTAIN or find your ALONE time~the possibilities are endless with large sizes rooms the space can be transformed into your individual needs~it would also be easy to achieve MULTI-GENERATIONAL living with this property~NEWLY RENOVATED so all you have to do is bring your belongings~this home has a natural flow so having friends and family over is much easier~The second large garage of this residence is a haven for car enthusiasts and hobbyists alike~a straight DRIVE to Clarksville or Nashville is something you never knew you needed but you will appreciate once you have it~the oversized rec room allows for room for the pool table, ping pong table or set up your very own media room~Only 15 minutes to downtown Ashland City for food, gas, shopping and groceries, 10 minutes to the schools and don't forget to visit Cheatham Dam Recreation Area while you are here.
Source: REALTRACS #2775536
Interest rate and monthly payment estimated based on public records.
Source: REALTRACS #2775536
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.
