2065 Cobb Meadow Ln, Clarksville, TN 37043
5 beds · 4 baths · 3,585 sqft
Welcome to your dream home nestled in the coveted Eastwood Park Subdivision! This house is located on the cul-de-sac Street in the center of the neighborhood. The home has 5 bedrooms and 3.5 bathrooms. The main floor has 9 foot ceilings, while the 3 bedrooms and the bonus room have vaulted ceilings. Large kitchen with custom wood cabinets, center island, large breakfast nook and walk in pantry. Primary suite on the main level comes with wall mounted TV, spacious walk-in closet, jetted tub and private tile shower. Four bedrooms upstairs, with walk-in closets. 2 bedrooms share a Jack and Jill bathroom, Second bedroom has entrance to hallway on other bedroom upstairs. Large bonus room for family game night, relaxing or entertaining guests. Extra storage area in closet located in the bonus room. Circular concrete drive in front of the house, and access to 3 car garage with additional parking and a Basketball goal. Also outside you will find beautiful landscaping, a 6 person hot tub, upper covered patio with ceiling fan and wall mounted TV, lower patio for an outdoor table or fire pit. An in-ground sprinkler/irrigation system. 2 water heaters. Appliances included: refrigerator, stove, dishwasher, dryer, new washer, second refrigerator in garage, central vacuum system, whole home Rain soft water filtration and softening system and security system. Must see!!!! Schedule your showing appointment to view your new home!!!!
Source: REALTRACS #2769490
Interest rate and monthly payment estimated based on public records.
Source: REALTRACS #2769490
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.
