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$553,998 SIGNIN

Sign in to see required down payment for the 2.8% rate

3264 Longstalk Rd, Antioch, TN 37013

5 beds · 4 baths · 3,062 sqft

**Beautiful 5 Bedroom Home in Desirable New Community** Welcome to this exceptional 5-bedroom, 4-bathroom home located in a sought-after new community. This gently lived-in residence offers a perfect blend of modern amenities and comfortable living spaces, ideal for families and professionals alike. Step inside to discover an inviting open floor plan with one bedroom down! The spacious living area that seamlessly flows into a gourmet kitchen equipped with stainless steel appliances and ample cabinet space. The home office provides a quiet retreat for remote work or study, ensuring productivity in a tranquil setting. The upper level boasts a generous bonus area, perfect for a media room, playroom, or additional family lounge space. Each bedroom is thoughtfully designed with comfort in mind, while the primary suite offers a private oasis with an ensuite bath and walk-in closet. Outside, enjoy a nice-sized fenced-in backyard, perfect for entertaining, gardening, or relaxing in privacy. The community itself offers sidewalks throughout for leisurely strolls, and a community pool, providing endless opportunities for recreation and socializing. Don't miss your chance to own this rare 5-bedroom gem in a vibrant community. Schedule your private tour today and envision your new lifestyle!

Estimated
Seller's interest rate
2.8%
7%
Estimated
Monthly payment

$2,899
$3,926
You may also save up to $326,675 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 $3,926 monthly payment

Financed
SIGNIN
Location
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Loan details
Loan type
FHA
Rate
2.8%
Remaining term
26 yrs and 6 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$2,899
Principal & interest
$1,858
Mortgage insurance
$320
Property taxes
$337
Home insurance
$318
HOA fees
$65
Utilities
Not included

Source: Public records

Home details
Size
3,062 sqft
Lot size
0.14 acres
Year built
2021
Type
Single Family Residence
HOA dues
$65.00

Source: REALTRACS #2797043

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 16, 2025 06:29 am
Listing agent: Jaylon Patton (931) 409-8432
Listing provided courtesy of: Compass Tennessee, LLC (615) 475-5616
Details provided by REALTRACS and may not match the public record.
MLS ID: #2797043
Based on information submitted to the MLS GRID as of Apr 17 2025 - 06:03. 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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