1909 Pebble Creek Blvd, Edmond, OK 73003
3 beds · 2 baths · 1,547 sqft
Get a free consultation call with an expert in the mortgage assumption process.
End your search here with this beautiful split floor plan, 3-bedroom home. The eat-in kitchen comes equipped with an electric range and dishwasher in sleek black and boasts a center island and great cabinet space. There is a huge pass-through window to the living room, perfect for entertaining or keeping an eye on the kids. The living room has high ceilings, crown molding, a corner wet bar, beautiful French doors, and a brick fireplace for cozying up during winter evenings. The primary bedroom has a tray ceiling with crown molding accents and its own French doors to the backyard. In the master bath, you'll find a separate tub and standing shower, a huge vanity with double sinks, and a very spacious walk-in closet. The living room and three bedrooms have ceiling fans and warm neutrals throughout. Washer and dryer hookups are in the utility room by the primary bedroom. There is a fenced backyard with a storage shed and a 2-car garage with an opener. Conveniently located near great schools, shopping, and dining, this house is just waiting for you!
Source: MLSOK #1155815
Source: MLSOK #1155815
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.