1641 Southhampton Way, Mount Juliet, TN 37122
4 beds · 3 baths · 2,920 sqft
Dream Home Alert! This stunning 4-bedroom gem in Kelsey Glen has it all—space, style, and an unbeatable location! Step onto the charming covered front porch and into a welcoming foyer, where beautiful hardwood floors lead to an open-concept living space. The gourmet kitchen boasts a large island, stylish backsplash, granite counters and stainless steel appliances, seamlessly flowing into the spacious living room with cozy stacked stone fireplace. A bedroom and full bath on the main level provide flexibility for guests or an office. Upstairs, the HUGE primary suite impresses with tray ceilings, a spa-like ensuite featuring double vanities, a soaking tub, walk-in shower with rain head, and a MASSIVE walk-in closet - every bedroom in this home has its own walk-in closet, offering incredible storage! A generous bonus room is perfect for movie nights or family fun. Custom shades throughout provide natural light and privacy. Situated on a sprawling corner lot, the fully fenced backyard features a deck and raised garden beds, ideal for outdoor enjoyment. Neighborhood amenities include walking trails, playground, and a resort-style pool. Zoned for top-rated Wilson County Schools with easy access to the airport and downtown Nashville—this home is a MUST-SEE!
Source: REALTRACS #2804700
Financials
Source: REALTRACS #2804700
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.