4004 Sheffield Ave, Edmond, OK 73034
4 beds · 3 baths · 2,274 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Located in the highly rated Edmond School District and just minutes from I-35, this beautifully maintained home delivers serious wow factor. Tucked inside the vibrant Village on Clayton Pond community—featuring scenic ponds with fountains, great fishing spots, a sparkling neighborhood pool, and year-round events—you’ll love both the location and the lifestyle. Step inside to find a stunning formal dining area with engineered wood floors—perfect for holidays and entertaining. The spacious, cozy living room offers a gorgeous gas fireplace and oversized built-ins that combine style with smart storage. The open kitchen includes granite countertops, a gas stove, and a sunny dining nook. The primary suite is a true retreat, featuring a spacious bedroom, a large walk-in closet, a relaxing jetted tub, and an updated walk-in shower. The split floor plan includes two additional bedrooms connected by a Jack and Jill bathroom. A fourth bedroom is located at the front of the home, filled with natural light and conveniently situated next to the beautifully updated guest bath, which showcases marble countertops and modern lighting. Other highlights include a 3-car garage with an in-ground storm shelter and abundant built-in storage throughout. Homes like this in the Village on Clayton Pond don’t last long—come see the one that checks all the boxes!
Source: MLSOK #1165102
Source: MLSOK #1165102
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.