Welcome to 180 Misty Morning Drive, where custom craftsmanship, peaceful lakefront living, and over 1.21 acres come together in one of Choctaw's most desirable communities. Nestled in Rabbit Run, this beautifully maintained 4-bedroom, 3.1-bath custom home offers approximately 3,944 square feet with stunning lake views and direct access to the neighborhood lake. The flexible floor plan features two private primary suites, multiple living areas, two bonus rooms ideal for an office, media room, gym, or hobby space, a formal dining room, and an open kitchen overlooking the main living area with a beautiful fireplace. Large windows fill the home with natural light while capturing picturesque water views. The screened-in porch provides the perfect place to enjoy morning coffee, evening sunsets, or simply relax while overlooking the lake. One of the home's standout features is the screened-in back porch, allowing you to enjoy Oklahoma's beautiful mornings, peaceful evenings, and panoramic lake views in comfort throughout much of the year. Step outside to experience the tranquility of the expansive backyard, whether you're enjoying coffee overlooking the water, fishing from the neighborhood lake, kayaking, or simply relaxing while taking in the peaceful surroundings. Major updates include a brand-new Class 4 impact-resistant roof (2026) and dual HVAC systems replaced in 2016 and 2024. Additional features include a below-ground storm shelter, oversized 3-car garage, abundant storage, and quality custom construction throughout. Conveniently located just minutes from Tinker Air Force Base, shopping, dining, and major highways, this exceptional property offers the perfect balance of privacy, convenience, and lakefront living. If you're looking for a custom home with flexible living space, quality updates, breathtaking views, and a setting that's difficult to duplicate, 180 Misty Morning Drive is a rare opportunity.
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.
