11001 Shortcut Rd, Mounds, OK 74047
5 beds · 3 baths · 3,711 sqft
Welcome to your dream country retreat! This gorgeous 3722 sq. ft. farmhouse sits on nearly 3 acres of beautifully landscaped land, offering the perfect blend of peaceful seclusion and modern comforts. Whether you’re looking for a serene place to call home or a space with endless possibilities for entertaining, this property has it all. The home features 5 spacious bedrooms, providing ample space for family and guests. With 3 full bathrooms, there’s no shortage of convenience and comfort for everyone. There’s also a dedicated office, perfect for those working from home or needing a quiet space for personal projects. For hobbyists, entrepreneurs, or anyone in need of extra space, the large 3-bay shop will suit all your storage or creative needs. Outside, a fenced-in area awaits, designed with animals in mind—perfect for horses, goats, chickens, or whatever your mini-farm dreams may entail. The property also offers expansive outdoor spaces ideal for entertaining, from lively BBQs to peaceful evenings under the stars. Plus, it’s located in the highly desirable Mounds School District, making it an even more attractive choice for families. This home has been meticulously maintained and offers a unique opportunity for both comfort and functionality. The combination of spacious living and room for outdoor activities makes it ideal for families, hobby farmers, or anyone looking to escape to the country while still having easy access to nearby amenities. Don’t miss out on this rare find—schedule a tour today and see how this beautiful property could be the perfect place for you to call home.
Source: MLSTECHNOLOGY #2504020
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: MLSTECHNOLOGY #2504020
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.