2871 S Country Club Rd, Muskogee, OK 74403
3 beds · 3 baths · 2,366 sqft
Welcome to your dream property, offering country living at its finest on 38.34 acres! This versatile property features a spacious 2366 sq ft 3-bedroom, 3-bath home with a shop, barn, multiple sheds, and a pond, all located with convenient access to the turnpike along with highway frontage acreage, with two living areas and an updated kitchen that opens to the living and dining spaces. A bonus living area, previously used as a one-bedroom apartment, includes washer/dryer hookups, a kitchenette, a full bathroom, and its own exterior entrance-perfect for guests, mother in-law suite or additional rental income. New AC unit in 2022. The picturesque acreage includes a pond, excellent hunting opportunities, partial pipe fencing, a pipe corral, squeeze chute, and an above-ground pool with a deck for relaxation. The property also features a spacious 20x60 shop with concrete floors, 110/220 electric, RV hookups, as well as a 22x36 barn with a 21x36 covered overhang for additional storage or livestock needs. Additional amenities include a private gas well, two extra sewer hookups, and paved roads leading to the property, making this an exceptional find. The possibilities for this property are endless, whether you're looking for a serene homestead, a hobby farm, or an income-generating investment. Don't miss this rare opportunity-schedule your private showing today!
Source: MLSTECHNOLOGY #2504108
All values shown are estimated costs / mo.
Source: Public records
Source: MLSTECHNOLOGY #2504108
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.
