1124 Hill View Dr
Guthrie, OK 73044
4 beds · 2 baths · 2,810 sqft
$320,000
Get prequalified1124 Hill View Dr
Guthrie, OK 73044
4 beds · 2 baths · 2,810 sqft
$320,000
Get prequalifiedLooking for a place to walk your kayak to the lake? This colonial-style home sits stately on a corner lot just 1 block from the lake! Enjoy fishing/kayaking or just a short walk to relax and enjoy! The 4 bedroom house provides 2 beds and full bath downstairs with the huge primary ensuite and 2nd enormous bedroom upstairs with a gorgeous sitting area at the landing wrapped in pristine woodwork and the entire 2nd floor boasts wood floors! The grand entrance leads to a great room with tons of natural light coming through multiple windows and is adorned by a gorgeous, winding staircase leading to 2nd floor! The bay window in dining area overlooks front yard and is open to the chef-friendly kitchen and laundry room. Large window over sink opens to sun porch. All appliances stay! The HALF ACRE lot is fenced with an in-ground storm shelter & huge covered back patio. Double detached garage has a loft office/apartment with half bath & closet (needs a little tlc and sold as is). This home is a looker and rare opportunity to be so close to GUTHRIE LAKE at an affordable price! Call today for a viewing! (Carpet allowance for the 1st floor will be negotiated with an acceptable offer).
Source: MLSOK #1175795
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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