3017 Pine Hill Rd Norman, OK 73072
Your savings
About this home
Beautiful 4 bedroom and 3 and a half bath home. The kitchen features large 8x10 ft GRANITE island with extra cabinets and storage, custom spice racks, gas stove with pot-filler, and upgraded in 2021 to black stainless steel appliances. Living room showcases beautiful stone fireplace with rustic beam mantle. Large nook under the stairs for added storage. There is a full dedicated STUDY downstairs and an extra study space upstairs, oversized mudroom which connects to large master closet (providing ease of access for laundry time), floor to ceiling cabinets, glass showers in master and upstairs bathrooms with great storage through out! Brand new fixtures in master and half bathrooms. Split plan bedrooms downstairs have Jack and Jill bathroom and both have walk-in closets. Upstairs bedroom is 12'2" by 28'6" and has walk-in closet; with full bath upstairs - would make a terrific second master or bonus room! NEW ROOF in 2021 is Class 4. Three-car garage provides extra storage with hanging shelves and in-ground STORM SHELTER. The back yard has full length covered patio with ceiling fan and outdoor fireplace ideal for outdoor enjoyment. FULL SPRINKLER SYSTEM front and back and beautiful landscaping. Sunrise and sunset views are amazing from throughout the house but especially from the bonus room. Easy access to I-35, Rock Creek to University Town Center Shopping Restaurants and Entertainment, and walking distance to Roosevelt Elementary. Cascade Estates also features a community POOL and the home is within walking distance to the community park.
Source: MLSOK #1197006
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.