732 Jersey Dr, Clarksville, TN 37043
4 beds · 3 baths · 2,357 sqft
Welcome home to this beautifully designed craftsman-style residence in the thriving Sango neighborhood of Hereford Farms, just 45 minutes from Nashville via I-24 and minutes from shopping, dining, and the new Amare Montessori school. Featuring an open floor plan with rich hardwood flooring, the living room is filled with natural light and centered around a stone fireplace. The kitchen offers white shaker cabinets, granite countertops, and stainless steel appliances. The main-floor primary suite includes a walk-in closet and an en-suite bath with a tiled shower, double vanity, and tile flooring. Upstairs, three spacious bedrooms, and a reading nook provide plenty of space. Enjoy the covered back patio and screened-in porch overlooking a private backyard with no rear neighbors—just peaceful nature views. The community features sidewalks and a scenic running loop. A PRE MARKET INSPECTION has just been completed, AND sellers are OFFERING $15,000 TOWARDS BUYERS CLOSING COST for an accepted offer in the first seven days. Sellers are motivated, and moving out soon. House is priced to sell and ready for you to make it your dream home!
Source: REALTRACS #2787534
Interest rate and monthly payment estimated based on public records.
Source: REALTRACS #2787534
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.
