8208 NW 105th St, Oklahoma City, OK 73162
3 beds · 2 baths · 1,868 sqft
Welcome home to this stunning 3-bedroom, 2-bathroom property with an office in the highly sought-after Putnam City School District! This like-new home is a true standout, boasting striking a red brick exterior, a tall arched entryway, and a welcoming front porch that exudes curb appeal. Step inside, and you’ll instantly feel at ease. The inviting living room, complete with a cozy fireplace, is perfect for unwinding after a long day or hosting friends and family. The heart of the home—the kitchen—features an open, spacious design with gorgeous espresso-stained cabinetry, sleek granite countertops, a large brakfast bar, gas stove, and a walk-in pantry. Cooking and entertaining here will be a joy! The dining room is equally impressive, offering plenty of space for your everyday meals and room to expand the table for larger gatherings. Need a quiet place to work or relax? The additional room serves perfectly as an office or den. Retreat to the oversized primary suite, where you’ll enjoy a tranquil escape complete with a spa-like bathroom featuring a separate soaking tub and shower, double vanity, and a generous walk-in closet. The outdoor space is equally exceptional! The huge backyard, backing up to Harvest Hills Elementary School, offers plenty of room for play and easy access to Harvest Hills Park and splash pad—perfect for outdoor adventures. This home truly has it all—don’t miss your chance to make it yours! Schedule your showing today!
Source: MLSOK #1152805
Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Have questions? Email support@withroam.com
Source: Public records
Source: MLSOK #1152805
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.
What 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.