Escape to the tranquility of nature in this 4-bedroom, 3.5-bath rustic home nestled on 19.01 private acres with nearly a half mile winding drive way with seasonal lake views and direct access to a state park hiking trails and lake that is only a short 3 minute walk from the home. With 3,565 SQ ft of living space, this one-of-a-kind property offers the perfect balance of seclusion, comfort, and outdoor adventure with only a 7 minute drive from the growing Providence area in Mt. Juliet, 25 minute drive to BNA, 15 minutes to Smyrna and only 20-25 minutes from downtown Nashville. The warm, inviting interior features a wood-burning fireplace in the living room, hardwood accents, and warm atmosphere. The primary suite on the main level provides convenient single-level living, while three additional bedrooms offer space for family, guests, or home office use. Enjoy the peace and beauty of the outdoors from the expansive wraparound covered porch, perfect for entertaining or relaxing year-round. This property is surrounded by the Long Hunter State park making it sportsman paradise and dream location for Hunters, Anglers, hikers, nature lovers, and outdoor enthusiasts. Additional features include an attached garage, a detached covered carport, and plenty of space for equipment, recreation, or future outbuildings. Whether you’re seeking a full-time residence, a weekend retreat, or a legacy property, this home offers unmatched privacy, charm, and access to the natural world. With a short 2 minute drive you can be at Bryant's Grove Recreation area and boat ramp or a 6 minute drive to Fate Sanders Marina Resturant and bar which also includes a boat ramp, boat slip rentals as well as recreational boat rentals for all of the lake lovers. Don’t miss the opportunity to own this rare home—schedule your private showing today! VIDEO CONTENT IN LINKS BELOW!
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.
