Welcome to 19316 Cade Court, nestled in the prestigious and highly sought-after Thornhill community in Edmond. Perfectly situated on a peaceful cul-de-sac atop a scenic hill, this beautifully remodeled home offers luxury, comfort, and tranquility all in one exceptional property. Boasting 5 bedrooms, 3 full bathrooms ( Kohler Toilets ) , 3,814 square feet, this elegant home welcomes you with soaring ceilings, expansive living spaces, abundant natural light, and stunning architectural windows, sure to wow you! The spacious formal and informal living areas feature brand-new ceramic tile flooring, a cozy updated fireplace, and an inviting atmosphere perfect for relaxing or entertaining. So many upgrades! (roof replaced May 2025) The luxurious primary suite has been thoughtfully remodeled and includes elegant French doors opening to your backyard oasis, a modern sliding barn door, a stunning oversized walk-in shower with designer checkered tile &, spacious walk-in closet, and ample room for a custom vanity area.*(Seller Offering 5k your way for customization)* Downstairs also includes two additional bedrooms, a full bath, laundry room with built-in cabinetry, and convenient garage access. Upstairs, you’ll find a large loft area ideal for a media room, or relaxing retreat, along with two additional bedrooms and another full bathroom. The remodeled kitchen is designed to impress, featuring a brand-new island, granite counter tops throughout, beautiful wood cabinetry with glass accents, stainless steel appliances, gas cooktop with range hood, and a spacious breakfast area, a brand-new full-glass door complete with built-in blinds leading to the backyard. (New HVAC with 7 year warranty) Step outside and enjoy the newly installed retaining wall, fresh landscaping and grass, mature trees, and peaceful oasis, complete with an apricot & peach tree! Submit Offer Today! Seller is Motivated and Willing to Pay all Buyers Closing Costs!! Get in with only your down payment!
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.
