1830 Bethbirei Rd, Lewisburg, TN 37091
3 beds · 4 baths · 1,980 sqft
If you’re searching for a serene countryside escape with all the modern comforts you need, look no further! Nestled on 22.8 private acres, this stunning Cape Cod-style home in Lewisburg offers a perfect blend of natural beauty, privacy, and functionality. Bring your horses, livestock, tractors, and gardening tools—this property is designed for country living at its finest. The 3-bedroom, 3.5-bathroom home offers a warm and inviting atmosphere of spacious common areas with hardwood flooring. Step inside to a cozy living room featuring a grand brick mantle and wood-burning fireplace, perfect for curling up on chilly evenings. The country kitchen is as functional as it is charming, offering plenty of counter and cabinet space, and all appliances stay! Plus, you’ll love washing dishes while soaking in the breathtaking countryside views from the kitchen window. Enjoy multiple dining space options, ideal for daily meals and special gatherings. The sunroom is a true sanctuary—a peaceful spot to relax with a good book, care for houseplants, or bask in the warmth of natural sunlight. Step outside to two large back decks, where you can breathe in the fresh air, watch the wildlife, and listen to the soothing sounds of nature. It’s the perfect setup for outdoor entertaining, summer BBQs, or simply unwinding with your morning coffee. Downstairs, the full basement offers a one-car garage, ample storage, and a safe space during storm season—perfect for housing your tools, seasonal items, and projects. This property is a perfect balance of open pastures and wooded areas, offering both privacy and ample space for grazing, farming, or recreational activities. The pole barn and multiple storage buildings make this farm fully equipped for your agricultural or homesteading dreams. This property is in Greenbelt status. No city taxes or HOA. Enjoy peace, tranquility, and endless possibilities! Don’t miss this rare opportunity to own a slice of paradise—schedule your showing today!
Source: REALTRACS #2792722
Financials
Source: Public records
Source: REALTRACS #2792722
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.
What 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.