408 Highland Cir, Clarksville, TN 37043
2 beds · 1 baths · 750 sqft
Just wait until you see this gem! Classy renovation on this enchanting Highland Circle home in the heart of Clarksville. Southern charm at its finest with a farmhouse style feel with all the modern conveniences. Two bedroom, 1 bath, 750 sq ft of bliss awaits you as you enter the updated glass-paned front door and step in to the quaint living room with all new laminate flooring throughout. Cozy kitchen with all new cabinetry, stainless steel stove & dishwasher. Laundry area in kitchen designed for a stackable washer & dryer. Spectacular bathroom with an incredible new tile shower and soaking tub, backlit warming mirror and new vanity. Two spacious bedrooms with new carpet and fresh paint throughout the home. A brand new HVAC has been installed with all new duct work throughout, new light fixtures and so much more! Outside is a detached building perfect for storage or create your personalized Man Cave or She Shed, steps away from your back door. This renovated beauty is easily walkable to Madison Street where you'll discover Publix, Chick-Fil-A, Lowe's and other dining and shopping options literally at your fingertips. The Mason Rudolph Golf Course is also just steps away. We look forward to welcoming you to 408 Highland Circle!
Source: REALTRACS #2784450
Source: REALTRACS #2784450
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.
