322 E Warner Ave Guthrie, OK 73044
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About this home
This home has it all! Just immaculate! Understand elegance and refined taste, yet cozy and inviting, are the qualities that define this truly exceptional home in Historic Guthrie. Diverse and mature landscaping makes outdoor living a veritable "Garden of Eden". This vintage home has been updated and remodeled over the years keeping up with today's modern living. Large open living area opens up to the dining & gourmet kitchen. Plenty of counter space and storage. The 2nd living area can be an office or an optional bedroom. It has a wonderful gas fireplace with a new custom cedar mantel. Prominently perched is the outstanding front porch living area. This area was designed to embrace relaxing and enjoying life. The upstairs has a huge master suite w/ a large walk in closet & sitting area. The good sized guestbeds feature closets and ceiling fans with new interior paint. The home has two baths - one on each floor. The remodeled upstairs bath features a tile tub/shower with a rainfall shower head. The downstair bath has a huge ceramic walk in shower with Features include: open deck-covered porch-wood floors-original pockets doors-original wood staircase-all new plumbing w/new fixtures-all new electrical w/new breaker box, Zoned central heat & air-new windows-custom made screen door-gas burning fireplace-all new trendy lighting & plumbing fixtures-all appliances have been replaced-installed a concrete driveway- all new interior and exterior paint - a garden house. Easy to show
Source: MLSOK #1189702
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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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