15712 Capulet Dr, Edmond, OK 73013
4 beds · 2 baths · 1,707 sqft
Welcome to your The One... Nestled in the vibrant North Brooke Addition, within the sought-after Deer Creek School District, this stunning 4-bedroom, 2-bathroom residence offers a perfect blend of modern amenities and eco-friendly features, ensuring a comfortable and sustainable lifestyle. Step inside to discover an open floor plan that seamlessly connects the living, dining, and kitchen areas, creating an inviting space for entertaining and family gatherings. The bright and clean interior is accentuated by natural light pouring in through large windows, highlighting the sleek stainless steel appliances and the newly installed dishwasher (2024) in the kitchen. A spacious pantry provides ample storage, while the adjacent laundry room adds convenience to your daily routine. This home is equipped with solar panels, offering years of energy efficiency and cost savings, while the water softener and reverse osmosis water system ensure high-quality water throughout the house. Embrace a lifestyle of comfort and sustainability in this beautiful home, where every detail has been thoughtfully designed for modern living. Don't miss the opportunity to make this place your new home! (Back on the market at no fault of seller - original buyers' purchase timeframe changed.)
Source: MLSOK #1157043
Financials
Source: MLSOK #1157043
Source: Public records
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%. 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.
Other resourcesWhat is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.