1770 Double R Blvd, Clarksville, TN 37042
4 beds · 4 baths · 2,955 sqft
Stunning all brick home on 2.45 acres in the beautiful Reda Estates! Gorgeous hardwood floors welcome you into the grand living room with vaulted ceiling and stone fireplace with decorative wooden mantle. Head into the chef's kitchen featuring wood columns, tile floors, modern cabinetry, a large island, stainless steel appliances, backsplash and a bay window/eat-in space. The formal dining room features a coffered ceiling. The primary suite is conveniently located on the main floor and is adorned with a tray ceiling, additional recessed lighting and a bay window sitting area with a chandelier. The primary bathroom features wood-looking tile, separate vanities, separate toilet room and separate bathtub and large tiled shower. The tiled shower has double shower heads plus a rain shower head. An additional bedroom with tray ceiling and a second full bathroom complete the main floor. Beautiful hardwood stairs lead to the second floor where the third and fourth bedrooms have tray ceilings and walk-in closets. The second floor is completed by an extra-large bonus room with closet and half bath. Outside, relax on the covered back deck. A portion of the acreage is fenced-in with a white vinyl privacy fence. Enjoy the fire pit and decorative brick landscape path off of the deck.
Source: REALTRACS #2785711
Interest rate and monthly payment estimated based on public records.
Source: REALTRACS #2785711
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.
