7207 Lewisburg Hwy, Pulaski, TN 38478
4 beds · 3 baths · 2,304 sqft
Looking for the perfect blend of space, style, and serenity? Located conveniently 2 miles from I65 for easy access North or South and only about a 12 minute drive to downtown Pulaski where the University of Tennessee Southern is located. This beautifully remodeled 4-bedroom, 3-bath home offers 2,300 sq. ft. of modern living on a stunning 2.85-acre lot. Completely updated in 2018, it features a brand-new septic system, fresh paint, and meticulously maintained appliances. A roof inspection last year confirmed it's in top-notch condition, ensuring peace of mind for years to come. Designed for comfort and flexibility, this home is ideal for growing families or those working remotely, with plenty of room to accommodate everyone. Step outside to an expansive yard adorned with mature trees, perfect for hosting gatherings, playing, or simply unwinding in nature. Conveniently located just minutes from town and the interstate, this property combines rural charm with modern convenience. Whether you’re looking to entertain or enjoy quiet evenings, this home offers endless possibilities inside and out. Don’t miss the chance to make it yours!
Source: REALTRACS #2655124
Interest rate and monthly payment estimated based on public records.
Source: REALTRACS #2655124
Source: Public records
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%. 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.
Other resourcesWhat 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.
