VA loan
1 of 46
VA loan

2204 Ivy Glenn Ct, Edmond, OK 73034

4 beds · 4 baths · 3,600 sqft

Escape to a resort-like retreat in this stunning two-story home, nestled on a cul-de-sac in the established East Edmond community, surrounded by trees and rolling hills. Unwind in the heated pool, complete with a waterfall, hot tub, and a fenced backyard framed by a natural wooded area for ultimate privacy—all showcased from expansive decks, patios, and pathways. Inside, this four-bedroom home that includes a study, formal living and dining rooms, a family room off the kitchen, upstairs living space, and abundant storage. The large den, dining, and living room windows have been newly replaced, flooding the interior with natural light and framing picturesque views of the pool and backyard.   Freshly updated with newer paint, granite countertops, flooring, and carpet throughout, the home also features full gutters for enhanced exterior protection. The kitchen shines with newer appliances, a pantry, and an island/breakfast bar, perfect for casual dining. In 2024, all-new HVAC systems were installed, paired with professionally cleaned ducts for optimal air quality. The pool, re-plastered in 2020, boasts a heater, freeze guard, and a new vac-sweep, plus a new pump and vibrant new pool lights, complementing the existing automated lights and outdoor sound system—ideal for entertaining. The private well is dedicated support for the pool and the upgraded irrigation system, now with increased sprinkler zones that fully cover the front and back yards. There's no water bill for watering the yard or filling the pool! House is on city water. Additional modern conveniences include a NEST doorbell, thermostat, and cameras. Move-in ready and a must-see, this home blends luxury, comfort, and timeless appeal—schedule your tour today!

Location
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Loan details
Monthly payment

All values shown are estimated costs / mo.

Total
$3,394
Principal & interest
$2,381
Mortgage insurance
-
Property taxes
-
Home insurance
-
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
3,600 sqft
Lot size
0.64 acres
Year built
1990
Type
Single Family Residence
HOA dues
$0.00

Source: MLSOK #1159244

Qualify

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.

Resources
Frequently asked questions

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.

View all FAQs
Last updated: Apr 23, 2025 03:53 am
Listing agent: Kay Pratt (405) 641-5754
Listing provided courtesy of: RE/MAX at Home (405) 708-6691
Details provided by MLSOK and may not match the public record.
MLS ID: #1159244
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