104 Woodridge Dr, Elk City, OK 73644
5 beds · 2 baths · 2,305 sqft
Welcome to 104 Woodridge, a custom home that has undergone a luxury redesign and renovation by local builder, Victor Weatherly. This home features all the updates and amenities you could ask for, all at a price you'll love. Inside, you'll find custom knotty alder cabinets, solid wood doors, and new premium windows throughout, alongside updated appliances, fixtures, and LTV luxury flooring. Every corner of this home showcases quality workmanship and attention to detail. The kitchen boasts granite countertops, a custom island, knotty alder cabinets, recessed lighting, and under-cabinet lighting, Samsung appliances with matching finishes, including a gas range with an air fryer option and a beautiful farmhouse sink. A spacious walk-in pantry with pull-out drawers and outlets for appliances like a coffee maker or crockpots adds to the kitchen's functionality. A new hot water heater and water softener system were installed in '24. The master bedroom offers two spacious walk-in closets with custom storage cabinets and a vanity. The master en-suite includes double sinks, a tile shower with a custom sliding door, and tile flooring.The split bedroom floor plan ensures privacy, even with a large family, with all five bedrooms being spacious and equipped with large closets. All the fixtures selected are high quality. The exterior of the property boasts a 30x40 insulated shop, an above-ground pool with concrete decking and a sundeck, a covered patio, a separate side yard for pets and a new privacy fence. The workshop features a guest room for pets with direct access to the side yard, providing a safe haven from the elements. Additionally, a storm shelter is conveniently located in the floor of the northwest bedroom, ensuring safety without the need to leave the house. The landscaping around the home is gorgeous in the spring and summer months. If you don't have a need for a 5th bedroom, the front bedroom would make a great office space with double windows for natural light.
Source: MLSOK #1155785
All values shown are estimated costs / mo.
Source: Public records
Source: MLSOK #1155785
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.