1800 Runway Blvd Oklahoma City, OK 73108
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About this home
This home has been a true showcase for Wheeler District, perfectly anchored on the corner of Runway Blvd. and 17th Street. A gem in the heart of the action, this two-story estate checks every box of a dream family home with chic finishes and a layout made for gathering. Wrapped in natural Montana Timber Artisan product and James Hardie siding, the exterior captures the timeless Wheeler style. Step through the spacious front porch into a sunlit vestibule that opens to the heart of the home: a grand kitchen designed for both daily living and entertaining. With walls of windows, abundant countertop space, and storage for everything you could imagine, this kitchen is the perfect hub for family meals, holidays, and impromptu get-togethers. The living room flows seamlessly into a private courtyard anchored by indoor and outdoor fireplaces, creating a warm and welcoming space year-round. Upstairs, a vaulted owner’s suite feels like a retreat, while a clever triple bunk room offers fun and flexibility for family or guests. A mudroom, pocket office, upstairs utility, and flex space nook round out the thoughtful design. Out front, the home’s flowerbeds have become something of a neighborhood landmark, bursting each season with hydrangeas and other colorful blooms that attract butterflies and stop neighbors in their tracks. It’s no wonder this corner is one of the most admired in Wheeler District. VA ASSUMABLE LOAN AT 2.75% RATE.
Source: MLSOK #1183992
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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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