9217 SW 48th Ter, Oklahoma City, OK 73179
3 beds · 2 baths · 1,876 sqft
Get a free consultation call with an expert in the mortgage assumption process.
An amazing price for this upgraded home in the Semi-Custom part of Crystal Hills Estates! Looking for the perfect single family home in the Mustang School District? Those can be hard to find but this stunning home will give you all the feels from the minute you walk in the door! Those 10' ceilings and open floor plan make this home so inviting. Come on in and check out the oversized living room that includes crown molding, a gas log fireplace, and upgraded remote blinds. The living room rolls right into a kitchen and dining area that would make anyone excited to entertain! This well equipped kitchen includes tons of beautiful stained cabinets, Quartz counter tops, subway tile backsplash, a 5 burner gas stove, osmosis water system, a place for that coffee bar you always wanted, a large pantry, and a HUGE Quartz topped island with tons of bar seating that overlooks the dining and living areas. This home is ideal for cooking, dining, relaxing and entertaining with the perfect setup that flows right out into the fully fenced back yard. Don't miss the designated office just off the entry with glass doors to close it off. The primary bedroom has tray ceilings that make it feel even more spacious, blackout blinds, and an en-suite bathroom that includes a large tiled shower and soaker tub for a little quiet time, plus an oversized closet large enough for a bench or dresser down the center! This true split floor plan has two additional spacious bedrooms and a second full bathroom on the opposite side of the home. Additional features include a two-car garage with a storm shelter in the floor and energy-efficient build standards, ensuring comfort, safety, and sustainability. This neighborhood provides access to amenities, including a clubhouse, gym, pool, and playground. This one is more than just a home, its a place to build the lifestyle you have always wanted!
Source: MLSOK #1153995
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: MLSOK #1153995
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.
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.