19121 Green Springs Dr, Edmond, OK 73012
3 beds · 2 baths · 1,732 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to your new home in the award-winning Deer Creek School District! Located in the highly sought-after Grove neighborhood, this move-in ready beauty features brand new carpet, fresh paint, a dedicated study, and a well-designed layout with 3 large bedrooms, 2 bathrooms, and plenty of space for everyone. The kitchen is equipped with stainless steel appliances, a gas stove, granite countertops, a built-in microwave, a new farmhouse sink, and a large pantry for plenty of storage. The open-concept design flows seamlessly into the dining and living areas, making it perfect for entertaining. The spacious primary suite includes two walk-in closets and a spa-like bath with a garden soaker tub, dual sinks, and a walk-in shower. The secondary bedrooms are generously sized with large closets and ceiling fans for added comfort. Enjoy the big backyard with a large patio and full sprinkler system, perfect for outdoor fun and relaxation. The garage features an in-ground storm shelter for added peace of mind, along with a water softener system to complete this well-maintained home. The Grove community offers incredible amenities including 2 swimming pools, 2 fitness centers, stocked ponds, playgrounds, basketball court, and walking trails. Plus, enjoy easy access to highways, shopping, dining, and entertainment.
Source: MLSOK #1163821
All values shown are estimated costs / mo.
Source: Public records
Source: MLSOK #1163821
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.