1760 Tidwell Switch Rd, Dickson, TN 37055
3 beds · 4 baths · 4,200 sqft
7 TOTAL BED/OFFICE ROOMS* 3 BEDROOM - 4 ADDITIONAL FLEX ROOMS (Bedrooms or Office Spaces!) * 3.5 BATHROOMS * MINUTES TO I40 * SHOP 40 x 60 HEATED * ADDED OFFICE SPACE - PLUMBING, ELECTRIC, HEAT/AIR * PRIMARY ON MAIN FLOOR * LARGE WRAP AROUND PORCH * TANKLESS WATER HEATER * GAS FIREPLACE * Secluded home sitting on nearly 17 rolling acres, and a year round natural spring, is just minutes off of interstate i40. This home has been freshened up with updated paint and flooring in October 2023! Upstairs closets are phenomenal and have tons of space. Basement has been fully finished out and is a WALK OUT basement with windows/closets/bathroom! Storm shelter located in basement for those Tennessee storms! With an acceptable offer the seller is allowing the tractor with bush hog and scraper attachments to be left for the new owner. This property has never been logged by the current seller! $550 Inspection Credit at closing back to buyer!
Source: REALTRACS #2773561
Interest rate and monthly payment estimated based on public records.
Source: REALTRACS #2773561
Source: Public records
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 resourcesWhat 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.