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1425 Folsom Rd, Durant, OK 74701
3 beds · 3 baths · 2,789 sqft
Nestled in the heart of Durant, Oklahoma, this beautiful two-story brick home offers an exceptional blend of comfort, style, and outdoor living. Situated on a beautifully landscaped one-acre lot adorned with mature trees. This home features three spacious bedrooms and two and a half bathrooms. The formal dining room sets the stage for elegant gatherings, while the cozy gas fireplace in the living area invites relaxation. The gourmet kitchen features granite countertops, beautiful wood cabinetry throughout the kitchen. With its substantial storage capacity, this feature adds significant value and functionality to the heart of the home, perfect for culinary enthusiasts. Adjacent to the kitchen and living area, a stylish wine bar provides a dedicated space for storing and serving your favorite vintages. Retreat to the luxurious master suite, complete with a jetted bathtub for ultimate relaxation. Upstairs, a versatile theater/bonus room offers endless possibilities for entertainment and recreation, alongside a dedicated office space ideal for remote work or study. This home is equipped with modern conveniences, including two HVAC units for optimal climate control and a two-car garage providing ample parking and storage. For added peace of mind, a storm cellar is readily accessible. Step outside and discover your own private oasis. An outdoor cabana beckons for entertaining guests, while a convenient storage shed keeps your outdoor essentials organized. Also included, is a 24x32 Shop with electric and features a walk through and rollup door for additional storage and space. The expansive yard provides plenty of room for outdoor activities and enjoying the beauty of the mature trees. Don't miss the opportunity to own this exceptional property in a prime Durant location. Schedule your showing today!
Source: MLSTECHNOLOGY #2518129
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: MLSTECHNOLOGY #2518129
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.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.
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