3904 Rowland Rd, Murfreesboro, TN 37128
4 beds · 3 baths · 2,886 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Escape to your own peaceful haven, with this charming & private 4 acre retreat, nestled in the woods with a private drive & 2 covered porches. Nature lovers will enjoy the trails & a natural spring (untapped),while still being part of a walkable & friendly neighborhood, just 10 minutes from all the conveniences of town! The sprawling farmland along the back acreage is completely landlocked. Inside, you'll find vaulted ceilings in the Living Room & Primary Bedroom, located on the 1st floor. Fresh neutral paint throughout, and recessed lighting that enhances the open floorplan. A gas fireplace keeps it cozy in the winter & french doors open to an office or a dining room overlooking the wooded front yard. The kitchen boasts a large prairie window, granite countertops, stainless appliances—including a gas stove and a new fridge with interchangeable panels.The home is wired for surround sound, has plenty of storage with nicely sized closets & a huge walk-in attic! While the downstairs offers 2 bedrooms, upstairs you'll find 3 additional bedrooms (with the Bonus Room as an optional 6th bedroom), double vanities in the upstairs bath, and the sellers are offering a carpeting allowance. SO MUCH TO LOVE with this charming home, both indoors & out. Whether you're on your FRONT porch sipping tea, listening to the birds chirp & the grandkids scooter down the driveway, OR you're on the large covered BACK porch grilling out or privately relaxing in your own hot tub, this home offers a "park-like" serenity, without the skateboarders! ;) (no offense my skateboarders - if that's your jam, the oversized driveway is sure to accommodate!) The utility/mud room has it's own exterior access, while the farmhouse fence adds additional charm for Max or Buddy to play out back with the kids! Keep those rose bushes watered in the summer with a water barrel linked to the gutter. This home offers the perfect mix of wooded seclusion and wide open spaces. Come see this rare gem!
Source: REALTRACS #2815217
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 #2815217
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.