2517 NW 182nd St, Edmond, OK 73012
3 beds · 2 baths · 1,314 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Stunning Corner-lot Valencia home in Deer Creek Schools – Almost LIKE NEW! Seller is also offering a FULL HOME WARRANTY with acceptable offer! This beautifully updated 3-bed, 2-bath home is the perfect blend of style, comfort, and convenience. Nestled on a desirable corner lot, it’s ready to welcome its new owners with an array of high-end upgrades, including: Brand New tile floors, new plush carpet, fresh paint (walls, trim, and cabinets), and new light fixtures. Sleek and Modern kitchen featuring new quartz countertops, new sinks, new faucets, new backsplash, new stainless steel oven/range, and new microwave. Details like new blinds and a roof replaced in 2023 make this home move-in ready. The spacious primary suite is a true retreat with a walk-in shower, luxurious jetted tub, private water closet, and large walk-in closet. For added privacy, this bedroom is thoughtfully separated from the others. Step outside and relax on the expansive covered patio, complete with a cozy firepit, perfect for entertaining or unwinding after a long day. Additional highlights include ceiling fans in every bedroom, a Nest Thermostat, dedicated pantry, and an in-ground storm shelter for peace of mind during storm season. Neighborhood amenities include: Miles of walking trails, Several ponds, numerous playgrounds, pavillions, and splash pad! Conveniently located near popular restaurants, a golf course, and major highways, you’ll enjoy easy access to anywhere in OKC in under 30 minutes. There is an assumable VA loan on the property at 6.125% as well.
Source: MLSOK #1145174
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: MLSOK #1145174
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.