824 Salisbury Way, Clarksville, TN 37043
4 beds · 4 baths · 3,730 sqft
Experience the perfect blend of comfort and style in this stunning custom 4-bedroom, 3.5-bath home, boasting 3,730 square feet of living space on a spacious .72-acre lot, partially wooded for added privacy. Step inside to discover beautiful hardwood flooring, all-new carpets, vaulted great room, elegant marble shelves, and a brand-new smart dishwasher that complements the modern kitchen. The spacious master suite features a whirlpool tub, tiled shower, and massive walk-in closet. Enjoy peace of mind with a brand new roof, gutters, leaf guards, and two new HVAC units, ensuring long-lasting quality. Cozy up by one of the two gas fireplaces or relax and entertain in the screened-in porch overlooking a park-like backyard. This home features a partial smart home system with smart locks and three Ecobee thermostats. The dedicated office boasts a built-in library surrounding the house’s second fireplace, perfect for book lovers. This house is zoned for the esteemed Rossview school district and is conveniently near Swan Lake, Dunbar Cave, Governor's Square Mall, and offers easy interstate access, providing the perfect combination of tranquility and accessibility. Located in the highly sought-after Stonehenge Subdivision, known for its unique architecture, beautifully landscaped streets, sidewalks, and streetlights, this community offers an exceptional living experience. Home is currently VA financed at 3%!!
Source: REALTRACS #2784601
Interest rate and monthly payment estimated based on public records.
Source: REALTRACS #2784601
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless closing.
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.
What 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.
MLS ID: #2784601
