184 Picasso Cir, Hendersonville, TN 37075
4 beds · 3 baths · 2,308 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to 184 Picasso Circle — the only 4-bedroom Cumberland floor plan currently available in the highly sought-after Durham Farms community with the primary suite on the main floor! This thoughtfully designed home features an open concept layout, perfect for entertaining, and a first-floor laundry room for added convenience. The spacious primary suite boasts a gorgeous customized closet system with built-in shelving — a must-see for anyone who loves an organized space. Upstairs, you’ll find a versatile bonus area that includes a private guest suite with a full bathroom, creating a cozy retreat for guests. The guest bedroom also includes extra storage space, ideal for stowing away seasonal items or anything you want out of sight. The covered back patio offers a peaceful spot to relax or grill out, and with the lot backing up to mature trees, you’ll enjoy added privacy. No neighbors right behind you! A major perk? The home is conveniently located near an easy entrance/exit from the neighborhood onto Anderson Rd, allowing you to quickly hop onto the main road and get where you need to go. And it’s not just about the home — Durham Farms is a lifestyle. Residents enjoy incredible amenities, including: • A beautiful farmhouse clubhouse with a cozy café • Co-working spaces perfect for remote work • A state-of-the-art gym and yoga studio • Mommy & me music classes and clubs to connect with neighbors • A resort-style pool with a splash pad • A screened-in lounge, outdoor TV and fireplace area, and foosball tables • A playground, dog park, and even an on-site preschool • Plus, Friday food trucks and a dedicated lifestyle director who plans fun community events all month long! This home offers so much more than just a place to live — it’s your chance to join a vibrant, connected community. Schedule your private tour today!
Source: REALTRACS #2819316
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: REALTRACS #2819316
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 and Equal Opportunity Act.