10065 Sparta Hwy, Crossville, TN 38572
3 beds · 3 baths · 1,953 sqft
LISTED AT APPRAISED VALUE! This meticulously updated 1,953 sq. ft. residence on 2 acres offers a perfect blend of modern luxury and serene country living. Boasting three spacious bedrooms and three full baths, this home also features a versatile flex room ideal for a home office or extra living space. Step inside to admire the 20+ft ceiling, brand-new luxury laminate flooring throughout, a completely remodeled kitchen equipped with all new appliances, and fresh modern paint coverings. Every detail has been thoughtfully addressed, including all-new windows, doors, and vinyl siding. The new roof with 25-year architectural shingles and a high-efficiency HVAC system ensure comfort and durability for years to come. The oversized attached garage provides ample storage and convenience, while the balcony overlooking the expansive yard and a charming side patio offer perfect spots for relaxation and entertaining. The fenced-in backyard creates a private haven for outdoor activities and peace of mind. Located just 15 minutes from downtown Crossville, you'll enjoy easy access to local amenities and attractions while retreating to your own peaceful oasis. This home has been completely remodeled with exceptional attention to detail—don’t miss the chance to make it yours! 13 month home warranty for peace of mind.
Source: REALTRACS #2705218
All values shown are estimated costs / mo.
Source: Public records
Source: REALTRACS #2705218
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.