1043 Champion Way
Ardmore, OK 73401
4 beds · 3 baths · 2,100 sqft
$299,900
Get prequalifiedAbout this home
This is the home of your “Dreams” with its welcoming entrance it has 3 dining areas that open to living Area and kitchen. Perfect for Family get togethers and for entertaining. There is a Formal dining area as well as breakfast area and a breakfast bar attached to the island in the kitchen. Boasting 4 bedrooms and 2 1/2 baths. There’s plenty of room throughout with walk in closets and a laundry room big enough for a freezer or as a hobby room/ laundry area. Backyard has been made into your own tranquil oasis being fenced in with BEAUTIFUL landscaping. Location is perfect having a little bit of country to the west, you have sneak peaks of deer roaming around. Plainview school is 1/2 mile East and Ardmore mere minutes away for grocery shopping, doctors visits and all of the retail shops. The Palmetto floor plan is built on a post tension slab and has PEX piping plumbing throughout the home. They use the Zip-Wall housewrap system, radiant barrier decking in the roof and all homes pass the OG&E Positive Energy Home Program to ensure energy efficiency. Interior finishes include luxury vinyl plank flooring, granite in the kitchen and cultured marble counter tops in the bathrooms.
Source: MLSTECHNOLOGY #2527832
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FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
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Ardmore, OK 73401
4 beds · 3 baths · 2,100 sqft