VA loan
1 of 38
VA loan
$420,000 $SIGNI

Sign in to see required down payment for the 3.55% rate

8722 Brunswick Forest Dr, Bartlett, TN 38133

3 beds · 3 baths · sqft

This exceptional 2,940-square-foot home offers three bedrooms and three and a half bathrooms, thoughtfully designed to provide both comfort and sophistication. Stacked with modern upgrades throughout, this home showcases the perfect blend of contemporary amenities and practical living spaces. The generous floor plan creates an inviting atmosphere, with well-proportioned rooms that flow seamlessly from one to another. Situated in a prime location, this property benefits from its proximity to notable attractions and essential amenities. Outdoor enthusiasts will appreciate the thoughtfully designed exterior spaces, perfect for relaxation or entertainment. The property's setting within the Brunswick Forest community offers a peaceful environment while maintaining easy access to urban conveniences. This meticulously maintained home represents an exceptional opportunity to own a spacious, updated residence in one of Bartlett's most convenient neighborhoods.

Estimated
Seller's interest rate
3.55%
7%
Estimated
Principal & interest
$1,483/mo.
$2,123
You may also save up to $206,597 in total interest paid.

Financials

Seller’s estimated current equity is $SIGNI
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $1,483 monthly payment

Financed
$SIGNIN
Location
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Details
Home
Lot size
0.16 acres
Year built
2006
Type
Single Family Residence
HOA dues
$14.58

Source: MEMPHISTN #10191066

Loan
Remaining term
26 yrs and 11 mos
Rate
3.55%
Monthly P&I
$1,483
Remaining loan balance
$SIGNIN Sign in to view

Source: Public records

Who can qualify

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%. 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.

Other resources
Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

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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.

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Last updated: Apr 01, 2025 11:52 am
Listing agent: James C Johnson (901) 878-9250
Listing provided courtesy of: KAIZEN Realty, LLC (901) 221-4041
Details provided by MEMPHISTN and may not match the public record.
MLS ID: #10191066
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Memphis Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Roam Brokerage, LLC, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Memphis Area Association of REALTORS®. All Rights Reserved.
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