8288 Guthrie Rd, Cross Plains, TN 37049
5 beds · 5 baths · 7,106 sqft
Welcome to your dream estate nestled on 4.35 breathtaking acres—just 35 minutes (32.8 miles) from downtown Nashville and only 3 miles off I-65! This luxurious 7,100+ sq ft home offers unmatched elegance, comfort, and space for every lifestyle. Step inside to soaring 10-foot ceilings on the main level, creating a spacious and airy feel throughout. The lavish primary suite features an en-suite bath, a generous walk-in closet, and its own washer/dryer for ultimate convenience. The gourmet kitchen is a chef’s dream, showcasing custom cabinetry, soft-close drawers, a large island, and a built-in cooktop—perfect for hosting and everyday living. Upstairs, enjoy 9-foot ceilings, four spacious bedrooms, an incredible theater room, and a second laundry room—adding ease to your daily routine. The expansive finished basement is an entertainer’s paradise, featuring a second theater area, plumbing ready for a custom kitchen and bath, and a dedicated home gym space so your fitness goals are always within reach. Outdoors, a covered patio invites you to relax and unwind while overlooking an enchanting English garden blooming with rose bushes, gladiolus, peonies, and more. There’s ample space for both flower and vegetable gardening, as well as the potential for a future pool bath addition. A spacious four-car garage offers ample room for vehicles, hobbies, and storage. Experience the pinnacle of luxury living and countryside serenity—schedule your private tour today!
Source: REALTRACS #2806389
Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Have questions? Email support@withroam.com
Source: Public records
Source: REALTRACS #2806389
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.