2922 E Quaker St Broken Arrow, OK 74014
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About this home
Better than new with over $30,000 in aftermarket upgrades! This stunning single-story home located in Whiskey Ridge on an oversized corner lot, features 4 bedrooms(or 3 bedrooms + an office), 2 baths, a split bedroom plan, and a chef's kitchen all packed with thoughtful design and luxury finishes with a walk-in pantry. The open floor plan is perfect for entertaining, and the kitchen is a dream, offering ceiling-height cabinets with glass-front uppers, double ovens, a farmhouse sink, pot filler, and soft-close cabinetry throughout the home. The private primary bedroom offers plenty of room for king-size furniture. The spacious en-suite bath includes double vanities, a freestanding soaking tub, a huge shower, and a large walk-in closet. Every bedroom in the home includes its own walk-in closet for maximum storage and convenience. Also, has a mudroom with plenty of storage. Upgrades continue throughout with hardwood floors in every room including the closets, crown molding, 2" faux-wood blinds throughout, a gas fireplace, and ceiling fans in the living room, all bedrooms, and the patio. Enjoy instant hot water with a tankless water heater and recycling pump, and appreciate the ease of a fully upgraded electric panel. Outside, you'll find even more to love: a full Rain-Bird irrigation system, professional landscaping front and back, an extended patio with extra electric outlets and a gas stub, painted brick exterior with flagstone front porch, and extra gutters for added drainage protection. Additional features include a Generac full-home generator, a 4-person above-ground storm shelter, a stainless steel utility sink in the laundry room, epoxy garage floors with flakes, a personal garage side door, and attic storage access.
Source: MLSTECHNOLOGY #2534868
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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.