Welcome home to this beautifully updated, move-in ready gem in the highly desirable Windmill Farm neighborhood! From the moment you arrive, you’ll be captivated by the immaculate curb appeal, featuring lush landscaping, fresh mulch beds, and vibrant rose bushes and seasonal flowers that create a warm, inviting first impression. Enjoy peaceful mornings on the covered front porch and unwind or entertain on the spacious covered back patio, complete with ceiling fans—perfect for hosting gatherings or relaxing evenings outdoors. Step inside to discover a freshly remodeled interior with new carpet and flooring, updated paint, and an open, comfortable layout designed for modern living. The dedicated study offers a quiet space for work or hobbies, while the living areas flow seamlessly for everyday life and entertaining. The kitchen is a true highlight, featuring a curved granite breakfast bar—ideal for casual dining, homework time, or morning coffee—along with stylish pendant lighting, stainless steel appliances, a smooth-top stove, extra counter space, and a charming brick backsplash that adds character and warmth. The private primary suite is a relaxing retreat with a raised ceiling and a spa-like bathroom complete with his-and-hers sinks, a whirlpool jetted tub with shower handle, a tiled walk-in shower with both rain shower head and handheld option, and a spacious walk-in closet with built-in shelving. Additional features include: Crown molding, throughout, Stockade privacy fence, Smart home upgrades including a Ring doorbell and camera, plus an Ecobee thermostat. Located in a beautiful, well-maintained neighborhood with a fishing pond at the south entrance, this home offers both charm and convenience. You’ll love the easy access to shopping, dining, I-40, and proximity to Tinker Air Force Base. This is the one you’ve been waiting for—clean, updated, and truly move-in ready. Schedule your showing today!
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.
