27623 E 109th St S, Coweta, OK 74429
3 beds · 2 baths · 1,989 sqft
Stunning Like-New Home on a Corner Lot! Welcome to this gorgeous, move-in-ready home that offers both style and functionality! Situated on a desirable corner lot, this home features full brick construction and an inviting open floor plan that is perfect for modern living. Step inside to discover beautiful wood-style ceramic floors throughout, providing both elegance and durability. The heart of the home is the spacious kitchen, complete with a large island, perfect for meal prep or casual dining. The painted cabinets, finished in designer colors, elevate the space and offer ample storage. Retreat to the master suite, where you’ll find a luxurious tiled shower in the master bath, offering a spa-like experience. Each detail in this home has been carefully designed for comfort and style. Enjoy outdoor living on the covered patio, offering the perfect space for relaxation or entertaining. The fully fenced backyard ensures privacy and security. Don’t miss out on this incredible opportunity to own a nearly new home with all the features you’ve been looking for. Schedule a showing today!
Source: MLSTECHNOLOGY #2507532
Financials
Source: MLSTECHNOLOGY #2507532
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.