Location, location, location! This beautiful, well-maintained all-brick home welcomes you with timeless curb appeal & thoughtful updates designed for comfortable everyday living. Nestled in a highly sought-after Nashville area school district between Nolensville & Brentwood, this move-in ready property offers the perfect blend of elegance, warmth, & convenience — just 20 minutes to Downtown Nashville dining, shopping, and Broadway entertainment or 10 mins to Cool Springs! Step inside to soaring cathedral ceilings & gorgeous light hardwood floors that create an airy, inviting atmosphere. The formal dining room makes an immediate impression with elegant white columns, chair rail detailing, & a distinctive octagon design — the perfect setting for holiday dinners and special gatherings. At the heart of the home, the spacious great room invites you to slow down & relax beside the cozy gas log fireplace, creating the ideal retreat after a busy day. The kitchen is both functional and full of opportunity, featuring stainless steel appliances, a separate pantry, and a sunny breakfast nook that could easily be expanded to include a large island for additional entertaining space. The private primary suite offers hardwood flooring and a spa-inspired en-suite bath complete with dual vanities, a soaking tub, separate shower, and a custom wood walk-in closet. Guest bedroom features hardwood floors & 2nd bedroom has carpet both are down a separate hallway for added privacy w/large closets. Upstairs, the oversized bonus room has brand-new carpet & provides endless flexibility as a media room, home office, playroom, or fourth bedroom. Outside, enjoy a fully fenced backyard perfect for pets, plus a spacious deck ready for summer cookouts and evenings under the stars. Additional improvements include a partially encapsulated crawl space, recently sealed driveway and porch, and a newer Owens Corning architectural roof with 150 MPH wind-rated shingles with a 25-year warranty.
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.
