43905 Limestone Dr
Shawnee, OK 74804
3 beds · 2 baths · 1,841 sqft
$284,900
Get prequalified43905 Limestone Dr
Shawnee, OK 74804
3 beds · 2 baths · 1,841 sqft
$284,900
Get prequalifiedNEED EXTRA ROOM from your neighbors, here it is! Sit out on your covered patio and look out at a wooded area that goes right into the neighboring pond with the feel of being out in the country but with all the amenities of town. Not too far out but enough for some quiet peaceful evenings. Step inside entry to a welcoming area that leads into living area with gas log fp, newer flooring & French doors going outside. Spacious kitchen and dining is well lit from lots of windows for natural light, granite countertops, tile floor and nice black & stainless appliances. The 3 beds all have good closet space, newer carpet & paint. Front bedroom has cathedral ceiling, beautiful large window & set up now like a princess dream bedroom. The 2nd bedroom & primary have wood accent walls that set off a great look. Primary bedroom & bath has large walk-in closet, whirlpool tub, separate shower & large lav area. You will enjoy living here and all in North Rock Creek School District. Play fort in backyard is reserved. Check it out today!
Source: MLSOK #1165654
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.