2539 Double Branch Rd, Columbia, TN 38401
4 beds · 2 baths · 2,342 sqft
Dreaming of a mini Homestead, but love the luxury of being close to shopping? Or maybe you crave your own personal slice of quiet country living being tucked away in privacy while only minutes to town. Look no further! Possibilities are endless on this 4+ acre oasis. This homestead is perfect for gathering with friends and family with a large front yard, a rocking chair porch and enough trees for privacy. The hen house is large enough to have a thriving egg business, the two stall barn is perfect to bring in the family milk cow or goats! This property is set up with raised bed garden boxes to grow your own food. Two separate fenced paddocks. The oversized garage is any one’s dream, large doors to fit oversize trucks, plenty of space to have a workshop. The home: newly renovated inside and out. Owner spared no expense with upgrades to last a lifetime. From the detailed trim, shiplap and wall paneling to the beautiful butcher block countertops. Top-of-the-line café appliances and a large farmhouse sink. Brand new energy saving windows and doors. This home offers four bedrooms with a possible fifth. Two bathrooms with tile showers and floor. Primary bedroom has an ensuite , a walk in closet/dressing room, and 2 more closets. Hardwood flooring throughout the rest of the home. Formal dining or gathering room as well as dine-in kitchen. Living room with a fireplace and office alcove and french doors leading to the wrap around deck .Come and see all this home boasts, and make your country dream a reality! 10 minutes to Spring Hill crossings and 15 minutes to downtown Columbia! Pictures have descriptive captions.
Source: REALTRACS #2768436
Interest rate and monthly payment estimated based on public records.
Source: REALTRACS #2768436
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.
