6912 NW 155th Ter, Edmond, OK 73013
3 beds · 2 baths · 1,838 sqft
Stunning Well-Maintained Home with Curb Appeal Welcome to this beautifully maintained home that exudes charm and style! As you approach, you’ll be greeted by impressive curb appeal and a lovely front yard featuring two apple trees. Inside, tall ceilings and stylish finishes create an inviting atmosphere. This home boasts a spacious study/office, a convenient mud bench, and a dedicated laundry room with access to an oversized two-car garage. The open floor plan seamlessly connects the kitchen, dining, and living areas, making it perfect for entertaining. The kitchen is a chef's dream, featuring a large walk-in pantry, a generous kitchen island, and ample cabinetry for all your storage needs. The dining area comfortably accommodates guests and keeps the conversation flowing while you prepare meals. The living area is filled with natural light from large windows, providing a bright and airy space for relaxation and gatherings. The two secondary bedrooms are thoughtfully separated by a full bath, while the primary bedroom offers a luxurious retreat with a large walk-in closet, a tile shower, a garden jetted bathtub, double sinks, and a private toilet room. Situated on a corner lot, this home features a very large backyard, perfect for outdoor activities and family fun. The solar panels ensure extremely low energy bills, adding to the home's appeal. Location is key! This home is just 1 mile north of the Paycom Campus and offers quick access to the turnpike and Lake Hefner Parkway for an easy commute. Plus, Spring Creek Elementary School is just a short walk away, making it ideal for families. Don’t miss out on this incredible opportunity to own a stylish and functional home in a prime location!
Source: MLSOK #1147200
Source: MLSOK #1147200
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.
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