4740 Billingsgate Rd, Antioch, TN 37013
4 beds · 2 baths · 2,409 sqft
BRING AN OFFER!! ** Stunning 4-Bedroom Oasis with Incredible Financing Incentives, and Bonus Furniture Included** Welcome to your dream home! This beautifully designed single-level living, currently veteran owned, gem boasts 4 spacious bedrooms and 2 luxurious bathrooms, perfect for families or anyone seeking comfort and style. Step inside to discover soaring high ceilings and large windows that flood the space with natural light, creating an inviting and warm atmosphere throughout. The heart of this home features a magnificent bonus room with a cathedral ceiling, ideal for entertaining or cozy family gatherings. With not one, but TWO fireplaces, you can enjoy the perfect ambiance year-round. Plus, you'll appreciate the large, easy-access storage solutions and a convenient 2-car garage that make everyday living a breeze. Step outside to your charming back porch, where you can unwind and enjoy the serene surroundings. Most furniture and a TV available with successful purchase of home! **Location, Location, Location!** This property is perfectly situated less than 10 minutes from BNA Airport, Nashboro Golf Club, and the stunning Percy Priest Lake. Enjoy the vibrant culture of Downtown Nashville, just a quick 20-minute drive away! ** Special Financing Opportunity!** This home qualifies for a below-market interest rate with preferred lender, making it more affordable than ever! Plus, if you use our preferred lender and title company, you’ll receive a generous $3,500 credit toward refinancing! Don’t miss out on this incredible opportunity to own a piece of paradise. Schedule your private showing today and make this stunning home yours before it’s gone! Preferred Lender: Frank Spitznagel at Steadfast Mortgage. Call/Text Cell: 850-585-3170. Preferred Title Company: Carney Title. Must use both preferred lender and preferred title company to receive refinancing credit.
Source: REALTRACS #2774125
Source: REALTRACS #2774125
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.