5740 Stone Brook Dr, Brentwood, TN 37027
2 beds · 2 baths · 1,116 sqft
Discover the perfect blend of convenience and tranquility in this well-maintained 2-bedroom, 1.5-bath end unit, offering 1,116 sq. ft. of comfortable living space. Situated just 2 miles from retail shops, restaurants, and entertainment, this home provides endless dining and shopping options right at your doorstep. With easy access to I-65, you're only 15 minutes from downtown Nashville and just 18 minutes to charming downtown Franklin, making commuting a breeze. Enjoy the serene outdoor space with both a side and backyard that include a large back deck—ideal for unwinding or sipping your morning coffee while surrounded by nature in a peaceful, tree-lined setting. Perfect for walks with your pet or loved one. New and updated granite kitchen countertops, and the home is equipped with essential amenities including a washer/dryer hookup. The HVAC system is only 5 years old, ensuring comfort and efficiency year-round. Don't miss out on this fantastic opportunity—schedule your showing today and experience the ideal blend of modern living and convenient location!
Source: REALTRACS #2779104
Interest rate and monthly payment estimated based on public records.
Source: REALTRACS #2779104
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless closing.
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.
What 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.
MLS ID: #2779104
