10152 W Oak Dr, Bon Aqua, TN 37025
3 beds · 2 baths · 1,050 sqft
Get a free consultation call with an expert in the mortgage assumption process.
HUGE PRICE IMPROVEMENT! Opportunity to walk in with some Equity, and add your own touches to this nice 3br 2fb, all brick with a home full basement, fully chin linked fenced back yard. Established local Neighborhood, great for quick commuting to Nashville or Dickson, Fairview,Spring Hill, Franklin,Columbia,etc.Convenient location,off Hwy 46, zoned for EAST Hickman schools, 3br 2 Full ba BRICK home with FULL unfinished Basement, several updates have been made, LOTS of potential for adding more living space in basement, some framing already in place. Washer Dryer connection option both up and down, good size back yard with fence. Garage door access from back yard. Owner is negotiable to any necessary repairs if lender required or-as-is offers are also welcome. The "ceiling mounted" surround sound speakers in Living room STAY and the Kitchen Appliances & washer dryer are negotiable. Room sizes are all estimated in listing. Buyer-or buyer agent should confirm any info deemed important to the buyer. Welcome conv,fha, usda, thda, seller open to address any lender requirements within reason. Please give minimum 1 hour notice for morning showings. Call agent with questions, Thank you!
Source: REALTRACS #2803408
Source: REALTRACS #2803408
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.
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.
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 620, 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 and Equal Opportunity Act.