117 NE 3rd St Oklahoma City, OK 73104
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About this home
An urban home designed for the way you want to live today. Located in Oklahoma City’s vibrant Deep Deuce District, this new three-story Maywood Brownstone combines modern luxury with timeless architectural style. Designed for both comfort and style, the home offers expansive living spaces, high-end finishes and the convenience of an elevator that serves every level. The layout spans three thoughtfully designed floors, providing room for both relaxation and entertaining. The private elevator makes moving between levels effortless, while the open floor plan connects the living, dining and kitchen areas in a way that feels inviting and airy. Twenty-two foot ceilings and abundant windows fill the main living space with natural light. The master suite is a true retreat with its spa-like bath featuring a soaking tub, walk-in shower, double vanity and custom finishes. A private patio frames skyline views of Downtown Oklahoma City for morning coffee or evening sunsets. Every detail of this Maywood Brownstone reflects quality, from elegant hardwood floors to designer lighting. Solid concrete construction with insulated foam keeps the home quiet and energy efficient. Additional upgrades include premium appliances, thoughtfully finished interiors and the convenience of a two-car attached garage, an uncommon find in downtown living. Living in Deep Deuce places you minutes from dining, shopping and entertainment. It’s a home that balances urban energy with everyday ease. The owner also has additional residences available and will do a long-term lease. Maywood Brownstones, ready for the way you want to live.
Source: MLSOK #1191602
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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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