11608 NW 6th St Yukon, OK 73099
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About this home
Welcome to this stunning home in the sought-after Drakestone Addition. From the moment you step inside, the dramatic two-story entry sets the tone with natural light filling the spacious living and dining areas. A brick fireplace anchors the living room, creating a warm and inviting atmosphere that flows seamlessly into the formal dining space and the eat-in kitchen. Upstairs, the expansive primary suite offers a relaxing retreat with a jetted soaking tub, double vanities, and a walk-in closet with custom built-ins. Three additional bedrooms and a full hallway bath provide plenty of room for family, guests, or a home office. The oversized three-car garage and extended driveway allow for generous parking and storage. Backyard access through a wide gate makes it easy to bring in trailers, RVs, or equipment, a feature that is hard to find in this neighborhood. A raised deck provides the perfect setting for outdoor living and entertaining. Located just west of Yukon/Mustang Road and only a short hop to I-40, this property offers quick and convenient access to shopping, dining, and major destinations while still providing the peace of a well-established community. Do not miss your chance to own this beautiful home. Schedule your private showing and experience its true value in person.
Source: MLSOK #1187289
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FAQs
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.
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