Experience city living at its finest in this stunning true single-family home in the heart of Wedgewood-Houston, one of Nashville’s most exciting and rapidly growing neighborhoods. Just minutes from Geodis Stadium & the Nashville Fairgrounds, you’ll enjoy year-round access to concerts, soccer matches, festivals, & vibrant local events, all while being surrounded by some of the city’s best dining, coffee shops, & nightlife (Fait La Force, Pastis, Bastion, & more). Designed for both entertaining and everyday comfort, the home features multiple rooftop decks with sweeping views of Geodis Stadium, including a gas fireplace that creates the perfect setting for unforgettable evenings overlooking the Nashville skyline. Fresh paint makes the home truly move-in ready, while custom windows fill the interior with incredible natural light. The kitchen is a showstopper with an oversized quartz island, stainless steel appliances, custom cabinetry, and stylish new lighting. The living room is pre-wired for surround sound, creating an ideal home theater experience. Upstairs, a spacious bonus room with a wet bar opens to multiple rooftop decks, offering the ultimate indoor-outdoor entertaining space. The owner’s suite provides a relaxing retreat with multiple closets and a beautifully appointed bath featuring a large walk-in shower. Additional highlights include a huge screened porch with built-in exterior storage, a deep fully fenced backyard, and a Remi Halo air filtration system. What truly sets this property apart is that it is a true single-family home situated on the largest lot on the street, creating rare flexibility and long-term value. Because of this zoning, the home is eligible for owner-occupied short-term rental (OO STR) and offers the opportunity to build a future DADU, providing excellent potential for additional income, guest space, or a private home office. All of this just 5 minutes from Vanderbilt and Belmont and under 10 minutes to Downtown Nashville!
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.
