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$255,000 $SIGNI

Sign in to see required down payment for the 3.2% rate

9908 SW 14th St, Yukon, OK 73099

3 beds · 2 baths · 1,907 sqft

Brand new listing in Mustang in a secure beautiful, gated community. From the moment you step inside, this home captivates with its open-concept design, seamlessly blending elegance and functionality. The spacious layout includes a formal dining area and a versatile living space—perfect for entertaining, a game room, or a playroom to suit your lifestyle. The beautifully updated kitchen features sleek quartz countertops, stainless steel appliances, and modern finishes, ensuring both style and efficiency. No detail has been overlooked—this home boasts fresh paint, upgraded trim, stylish fixtures, contemporary lighting, ceiling fans, and more. Enjoy built-in surround sound with speakers in the kitchen, living room, flex/entertainment space, and primary suite—perfect for setting the mood while hosting guests or unwinding in the shower. The completely remodeled primary bathroom is a true retreat, featuring dual closets and vanities, plus a luxurious waterfall shower with body jets. With quick access to I-40 and Kilpatrick Turnpike and located in the highly sought-after Mustang school district, this home is a must-see. Schedule your showing today!

Estimated
Seller's interest rate
3.2%
7%
Estimated
Principal & interest
$806/mo.
$1,179
You may also save up to $113,034 in total interest paid.

Financials

Seller’s estimated current equity is $SIGNI
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $806 monthly payment

Financed
$SIGNIN
Location
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Details
Home
Size
1,907 sqft
Lot size
0.1768 acres
Year built
1996
Type
Single Family Residence
HOA dues
$33.33

Source: MLSOK #1159603

Loan
Remaining term
25 yrs and 3 mos
Loan type
FHA
Rate
3.2%
Monthly P&I
$806
Remaining loan balance
$SIGNIN Sign in to view

Source: Public records

Who can qualify

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 resources
Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

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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.

View all FAQs
Last updated: Apr 02, 2025 12:13 am
Listing agent: Michael Farrell (405) 435-0566
Listing provided courtesy of: Engel & Voelkers Oklahoma City (405) 437-4827
Details provided by MLSOK and may not match the public record.
MLS ID: #1159603
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