Welcome to 11809 SE 128th St, Oklahoma City, OK — a place where home feels like a retreat. Set on 2 peaceful acres, this 4-bedroom, 2-bathroom home (1,928 sqft) offers something truly special, an atmosphere that goes beyond what photos can capture. From the moment you arrive, there’s a sense of calm that’s increasingly hard to find. This isn’t just a property, it’s a sanctuary. Mornings here begin slowly—with coffee in hand and a front-row seat to nature. Deer graze quietly at the edge of the trees, wild turkeys wander through the land, and birds fill the air from the shade of mature trees. The privacy, the quiet, and the connection to nature create a lifestyle that feels both grounding and rare. Inside, the home has been lovingly updated with a modern farmhouse design that feels fresh, warm, and timeless. In the cooler months, the wood-burning fireplace becomes the heart of the home—perfect for cozy evenings and relaxed nights in. Beyond the aesthetic touches, the sellers have invested in what truly matters: Roof replaced (2021) AC condenser replaced (2021) Full attic unit replacement (2025) Outdoor storm shelter added for Oklahoma peace of mind As the seasons change, life naturally extends outdoors. Evenings are filled with the soothing sounds of tree frogs and the quiet hum of nature, creating the perfect backdrop for long sunsets and unhurried weekends. If you’ve been searching for more than just a house—if you’ve been looking for space, peace, and a place that truly feels like home—this property delivers in a way that’s hard to replicate! This is one you need to experience in person
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
