3103 Callaway Dr, Claremore, OK 74019
3 beds · 3 baths · 2,520 sqft
Great New Price!! Motivated Sellers!! So many unique amenities you don't want to miss out on ~ Make the most in exploring this beautiful home, that includes an upgraded kitchen with granite countertops, an open great room with vaulted ceilings and dining space, and a breathtaking custom built-in focal wall in the living area. The design floorplan features a split 3-bedroom layout with flexible usage both above and downstairs, as well as the convenience of 2.5 bathrooms. The front and the back yards include stunning expert landscaping, as well as a large, covered patio ideal for gatherings with family and friends with 2 outdoor ceiling fans. There is a bonus room upstairs that can be used as a home office, game/media/workout area, or an extra bedroom. This delightful community is conveniently located near the golf course. This home additionally includes two new HVAC units (installed in 2021 & 2022), plus a new hot water heater (2024). New outdoor dusk to dawn lighting in multiple places around the exterior of home, Security system and cameras installed. Also, includes a low maintenance leaf guard system on the gutters.
Source: MLSTECHNOLOGY #2440992
Financials
Source: MLSTECHNOLOGY #2440992
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.