Welcome to 2006 Abrams Ct., located in desirable Garrison Cove in Murfreesboro. Offering 5 bedrooms, 3.5 baths, and 3,419 square feet, this home combines space, thoughtful updates, and functional design. Step through the front door into a welcoming foyer situated on either side of the dining room and office, creating the perfect space for gatherings or everyday flexibility. Continue into the heart of the home where the kitchen, breakfast area, and family room seamlessly connect. The eat-in kitchen features granite countertops, a glass tile backsplash, under-cabinet lighting, newer appliances, ample cabinetry, and a functional layout that opens directly to the living room with a fireplace and abundant natural light. A spacious laundry room and convenient half bath complete the main level. Upstairs, all five bedrooms are thoughtfully arranged for privacy and comfort. The primary suite offers a large bedroom retreat with a spa-like bath featuring a glass and tile walk-in shower with rain shower head, jetted tub, double vanity, and an oversized walk-in closet. The additional bedrooms are generously sized, including one with its own full bath featuring a stone tile shower/tub combination. Another full bath is centrally located and easily accessible to the remaining bedrooms. Also upstairs, you’ll find a versatile bonus space perfect for a man cave, office, or in-law suite, complete with a wet bar. Outside, enjoy a widened driveway leading to the side-entry 3-car garage. The backyard offers a large patio, expansive yard space, and black metal fencing. A wireless irrigation system with a dedicated well keeps the lawn looking its best, and the crawlspace has been fully encapsulated for added efficiency and peace of mind. A new roof was installed in 2022. Comfort, functionality, and quality upgrades come together seamlessly in this spacious property. Schedule your private showing today!
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.
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.
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.
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.
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 “Save search” 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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
