14011 S 177th West Ave, Kellyville, OK 74039
4 beds · 3 baths · 3,014 sqft
Get a free consultation call with an expert in the mortgage assumption process.
**AUCTION PROPERTY** Online Auction June 9-11th SIGNIFICANT PRICE REDUCTION! Welcome to this exquisite equestrian ranch located in Kellyville, with easy access to the Turner Turnpike, and just 20 minutes from Tulsa. This would be a wonderful turnkey business opportunity or just enjoy this equine oasis all to yourself! The two-story estate home includes 4 bedrooms, 2.5 bathrooms, 2 living areas, and a sunroom. The home features crown molding, hardwoods and tile floors throughout. The master bedroom boasts a tray ceiling with double crown molding and the master bath contains two walk-in closets. The kitchen features a huge pantry and island, and a window that overlooks a small barnyard to enjoy chickens, goats, or sheep. There is an in-ground gunite pool with fountain and hot tub in fenced backyard. The land is fenced and cross-fenced into 12 separate pastures. Each pasture is equipped with its own run-in horse shelter. This is a corner lot with two separate gated entries, one is electrically gated for main house, and one manually gated entrance to the red barn. This property features two large barns, each with their own indoor, fully enclosed lighted riding arenas and attached stalls, tack rooms, feed rooms, and fun equine accessories. There is also a pond with a scattering of trees on the perimeter. The red barn’s arena is 110' by 50' and has 13 attached stalls. There are 3 tack rooms and one feed room. An above ground 8 person storm shelter is inside the red barn with half bath as well. The white barn has a 60' by 120' arena with 4 attached stalls and a tack room. It has a large L-shaped outdoor lighted arena adjacent to it. There is also a 30' by 30' by 12' lighted shop built in 2022, with large overhead door measuring 16' by 10'. There are solar panels that have reduced electric bills to about $100/mth. Don't miss out on the opportunity to own this incredible property!
Source: MLSTECHNOLOGY #2511750
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 #2511750
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 and Equal Opportunity Act.