28403 S 561st West Ave, Stroud, OK 74079
6 beds · 5 baths · 5,819 sqft
Welcome to this stunning custom-built retreat! This exceptional 2015 two-story home spans 5000 square feet and features 6 spacious bedrooms and 4.5 luxurious baths, making it perfect for families or those who love to entertain. Enjoy an inviting open floor concept that seamlessly connects living spaces, enhanced by custom cabinetry that adds a touch of elegance throughout. The home is designed for energy efficiency with all-new double-hung windows, each backed by a lifetime warranty. Three separate HVAC units, designed with efficiency in mind. Four zone timed sprinkler system, to keep those flower beds popping all summer long. Step outside to discover a remarkable outdoor oasis, complete with a 65,000-gallon gunite heated pool and hot tub, perfect for relaxation and recreation. The beautifully landscaped 2.7 acres is enclosed by durable pipe and cable fencing, providing both security and style. Inside, each bedroom boasts a walk-in closet and either a private bathroom or a convenient Jack and Jill setup. You'll appreciate the practicality of two laundry areas and a central vacuum system that adds convenience to your daily routines. For the hobbyist or entrepreneur, a massive 40 x 75-foot insulated and heated shop awaits, featuring 2-14-foot doors and 20-foot lean-tos on each side—ideal for storage or projects. This unique property combines luxury, comfort, and functionality, making it a perfect sanctuary for your family. Don’t miss your chance to own this incredible home—schedule a showing today!
Source: MLSOK #1144088
Financials
Source: MLSOK #1144088
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.