6507 S Oswego Ave, Tulsa, OK 74136
3 beds · 3 baths · 2,109 sqft
This beautifully updated, move-in-ready home boasts soaring ceilings and a spacious, open floor plan. The expansive living area features a cozy gas fireplace, seamlessly flowing into the dining space. Freshly painted interior and modern LED lighting throughout adds a contemporary touch. High end, Plantation shutters and Hunter Douglas blinds will stay. The sleek kitchen is equipped with elegant granite countertops, stainless steel appliances, and ample prep space, perfect for any home chef. The pantry offers generous storage, and the refrigerator is included with an accepted offer. Additionally, the washer and dryer can stay with an accepted offer. This home is tech-savvy with high-speed internet, smart thermostats, and a smart security system with cameras, all easily controlled via touchpad or smartphone. Downstairs, you'll find a bedroom and a convenient half bath. Upstairs, there are two bedrooms, each with their own full bath. The oversized primary bedroom features a private balcony, perfect for watching the sunrise, as well as a luxurious ensuite bath with a separate shower and jetted tub. The extra-large primary closet is conveniently located just off the bathroom. The spacious third bedroom also has its own full bath for added privacy and comfort. Outside, enjoy a charming garden area with seating and a designated space ideal for a hot tub. Zero lot line, style home, makes for low maintenance.
Source: MLSTECHNOLOGY #2509633
Financials
Source: MLSTECHNOLOGY #2509633
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.