1007 Fairways Dr, Greenbrier, TN 37073
4 beds · 3 baths · 3,034 sqft
Want a lower interest rate or help with closing costs? THIS HOME QUALIFIES FOR A 1% LENDER CREDIT WITH OUR PREFERRED LENDER, WHICH CAN BE USED TO BUY DOWN YOUR RATE OR ASSIST WITH CLOSING COSTS! Homes like this don’t come around often—an all-brick, upgraded home on a quiet cul-de-sac with NO HOA, all for under $600K! With over $40,000 in upgrades, a roof less than two years old, and custom kitchen cabinets, this is an incredible opportunity. Why settle for less when you can have it all at this price? The spacious and flexible floor plan is designed to fit your lifestyle, featuring three bedrooms, two bathrooms, an office, a living room, and a bonus room/family room on the main level. Upstairs, a versatile flex space with a full bathroom can serve as a fourth bedroom, second bonus room, or even an in-law suite. Need extra storage? The wrap-around unfinished attic and two-car garage provide ample space. Inside, enjoy the warmth of two fireplaces (gas and electric) and a neutral color palette ready for your personal touch. Step outside to a half-acre fenced backyard with a spacious deck, perfect for outdoor gatherings. Love golf? Sidewalk access to Oak Hills Golf Course is just steps away. Located just 25-30 short minutes from Nashville and BNA International Airport, this home offers the perfect blend of suburban tranquility and big-city convenience. This is an unbeatable deal under $600K—take advantage of the 1% lender credit and schedule your showing today before it’s gone!
Source: REALTRACS #2796893
Interest rate and monthly payment estimated based on public records.
Source: REALTRACS #2796893
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.