4012 W Winston St Broken Arrow, OK 74011
Your savings
About this home
Stunning, light filled South Broken Arrow home in the desirable Shadow Trails neighborhood in highly-rated Bixby school district. Hand-scraped hardwood floors through-out the ground floor living area. Ample foyer leads into an elegant open concept chefs kitchen with a walk-in pantry, stainless steel appliances including six-burner gas stove and massive granite center island with extra storage. Spacious living area with rock fireplace flanked by built-in shelving and cabinets. Primary suite includes private bath, with double sinks, soaking tub, huge walk-in shower and two massive walk-in closets. Second bedroom on ground floor would make excellent an nursery or guest room with walk-in closet and attached pullman bath. Private office or mancave directly off the foyer entrance. Two bedrooms up with shared pullman bath, double vanities and walk-in closets. Large gameroom upstairs with walk-in standard closet that could be used as a fifth bedroom. High-end custom outdoor kitchen with gas grill, storage drawers and mini-fridge. Impressive professional landscaping with a variety of trees, shrubs and flowers, and extensive rockwork make the backyard a tranquil private oasis. Three car garage capable of accommodating a full size truck. Tons of floored attic storage! Play-set and trampoline can be included or removed per buyer's preference. Neighborhood offers stocked fishing ponds and swimming pool. Only minutes from turnpike, shopping, dining and entertainment options. This home truly has it all. Sellers have an assumable VA loan at 2.75%. Loan only assumable by another VA-eligible applicant with restoration of entitlement, and must qualify with the lender who originated the loan. Make a showing appt. today!
Source: MLSTECHNOLOGY #2543449
Loan details
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.