3645 Rocky Top Ct Clarksville, TN 37040
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About this home
VA qualified buyers can assume loan at 2.25%. Call for more details. This home is a rare find, offering one of the largest floorplans in this established neighborhood and surrounding area. With 4 bedrooms and 3 full baths, it’s designed with both space and functionality in mind. A formal living and dining room provide classic charm, while the expansive media/rec room gives everyone room to spread out and enjoy. The spacious primary suite is a true retreat, featuring double vanities, a soaking tub, separate tiled shower, and an oversized walk-in closet with plenty of room to organize and store. The kitchen is the centerpiece of the home, featuring stainless steel appliances, a brand-new microwave and stove, a central island perfect for bar stools, and direct access to the backyard. Step outside to a brand-new deck overlooking the fully fenced yard—ideal for entertaining, pets, or play. Mature trees and newly planted shrubs add privacy and beauty to your outdoor space. Enjoy peace of mind with recent updates: HVAC (1 year old), copper-lined water heater, and a roof just 4 years old. An extended driveway offers plenty of parking, fresh interior paint in main areas, and best of all—there’s no HOA! The tall crawl (walk-in) space makes storage simple, with plenty of room for a riding mower, tools, and more. All appliances stay, including the water softener, refrigerator, and washer & dryer. Conveniently located off I-24 and just minutes from shopping and dining, this move-in ready home has all the extras you’re looking for. Don’t miss it!
Source: REALTRACS #3002553
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FAQs
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.
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.
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.
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.
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 “Save search” 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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.