West Nashville at its best! You’ll love this exceptional 2,200 sq ft townhome in one of Bellevue’s most desirable and impeccably maintained communities. Traemoor Village is known for its top-quality construction, timeless brick and stone exteriors, beautiful, mature landscaping filled with soaring trees. Residents enjoy walking trails, dog play areas, a lovely community pool—all designed for easy, low-maintenance living. This home features one of the community’s most spacious floor plans. The large primary suite on the main level features double vanities, separate garden tub & walk-in closet.. The open living and dining area offers great flow and a cozy gas fireplace, while the XL kitchen stands out with tons of cabinet & counter space—more storage than many other units. A covered patio extends your living space outdoors, perfect place to unwind. Upstairs, 2 spacious, sun-filled bedrooms share the level with a versatile landing/bonus area, plus a dedicated 10x9 office/flex room—a highly desirable feature. There is also a huge 12x9 walk-in storage room, providing the kind of storage townhome buyers dream of. You'll love the high ceilings throughout, and the comfortable cork floors in the LR and Kitchen! The attached one-car garage offers ceiling-mounted storage--a nice garage is such a bonus at this price point! Thoughtfully designed, well- maintained, and set within a top-tier community—this Traemoor Village home is the perfect blend of comfort, function, and West Nashville living. Just 3 minutes to I40, 5 minutes to beloved Costco and Nashville West shopping and dining, and so many local favorites just down the street: Tailgate Brewery (and great pizza!), McKays Books & Music, 51st Deli and the soon to open Sancho Panza! 10 min to the Cumberland River's Commodore Yacht Club, 5 minutes to Walmart/Lowe’s, Brookmeade Greenway & Trailhead, 10n min to Warner Parks and much more.Quiet location-yet close to so much! And zoned for the highly rated Lawson High School!
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.
