104 Parkwood Ln, Hendersonville, TN 37075
3 beds · 2 baths · 1,984 sqft
Don't miss this amazing opportunity to live your dream in this charming two-story home on a quarter acre with views of the Cumberland River! Located just across the street from Sanders Ferry Park, a boat ramp, and recreation areas - and only minutes from a marina - this home offers the perfect blend of relaxation and adventure. Inside, you'll find beautiful hardwood flooring throughout, high ceilings, and an open floor plan designed for modern living. Relax by the gas fireplace in the living room, in the cooler months. The kitchen boasts rich espresso cabinetry, ample counter space, and a pantry for extra storage. The first-floor primary suite is a truly relaxing oasis with its private full bathroom with double vanity and spacious walk-in closet with built-ins to keep you organized. Upstairs, a loft overlooks the living room while two bedrooms (one with a walk-in closet, the other with built-in shelving) share a second full bath. The large upstairs bonus room is a perfect flexible space for a media room, playroom, home office, and more! Step outside through the sliding doors to a large back deck—ideal for entertaining, summer BBQs, or simply unwinding to the peaceful sounds of the nearby river. The privacy-fenced yard, complete with mature shade trees, adds to the charm. Plus, a two-car garage provides plenty of space to protect your vehicles, tools, and toys. This home has it all—schedule your private tour today!
Source: REALTRACS #2810198
All values shown are estimated costs / mo.
Source: Public records
Source: REALTRACS #2810198
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 of Equal Opportunity Act.