VA loan
1 of 46
VA loan
$600,000 SIGNIN

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251 Stonecrest Cir, Nashville, TN 37209

3 beds · 4 baths · 2,092 sqft

Welcome to 251 Stonecrest Circle, Nashville, TN – an exquisite furnished modern retreat that defines luxurious living. 11K in owner improvements. Nestled in a serene cul-de-sac, this stunning residence offers an unparalleled blend of style and comfort, with breathtaking sunset views that paint the sky in vibrant hues every evening. Relax outdoors with two indoor/outdoor havens. Enjoy gorgeous sunsets wrapped over the hills alongside the luxury of your outdoor fireplace. Spanning 2,092 square feet, this home is the newest addition to the development, showcasing contemporary design elements and top-of-the-line finishes. The open-concept living spaces are perfect for both entertaining and relaxation, featuring abundant natural light that highlights the elegant interiors. The gourmet kitchen is a culinary enthusiast's dream, equipped with high-end appliances, sleek cabinetry, and an expansive island that invites culinary creativity. Adjacent to the kitchen, the living area provides a seamless transition to indoor-outdoor living, perfect for enjoying the stunning surroundings. Enjoy the screened in porch. This residence boasts three generously sized bedrooms, each with its own well-appointed bathroom, ensuring privacy and convenience for all. Two primary suites are a luxurious haven, offering spacious layout and a spa-like bathrooms with premium fixtures and finishes. For those seeking a turnkey experience, the option to purchase this home furnished enhances its appeal, allowing you to move in and immediately start enjoying the sophisticated lifestyle it offers. With its prime location, modern luxury, and captivating views, 251 Stonecrest Drive is more than just a home; it's a sanctuary designed for those who appreciate the finer things in life. Don't miss the opportunity to make this exceptional property your own. Contact us today to schedule a private showing.

Estimated
Seller's interest rate
5.55%
7%
Estimated
Monthly payment

$4,231
$4,756
You may also save up to $173,223 in total interest paid.

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.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $4,756 monthly payment

Financed
SIGNIN
Location
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Loan details
Loan type
VA
Rate
5.55%
Remaining term
27 yrs and 6 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$4,231
Principal & interest
$3,371
Mortgage insurance
-
Property taxes
$365
Home insurance
$345
HOA fees
$150
Utilities
Not included

Source: Public records

Home details
Size
2,092 sqft
Lot size
0.02 acres
Year built
2022
Type
Townhouse
HOA dues
$150.00

Source: REALTRACS #2809888

Qualify

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.

Resources
Frequently asked questions

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.

View all FAQs
Last updated: Apr 21, 2025 06:50 am
Listing agent: FranWolfe (615) 351-5106
Listing provided courtesy of: Compass RE (615) 475-5616
Details provided by REALTRACS and may not match the public record.
MLS ID: #2809888
Based on information submitted to the MLS GRID as of Apr 21 2025 - 13:29. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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