4101 Hughes Cir Norman, OK 73072
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About this home
Back on Market due to no fault of the sellers or home. **Stylishly Updated & Poolside Ready!** This beautifully remodeled home offers thoughtful upgrades throughout, featuring three fully renovated bathrooms, each showcasing modern fixtures and large-format tile for a clean, contemporary look. The kitchen also boasts the same elegant tile flooring, blending style with durability. Enjoy cooking with a new stove and dishwasher, complemented by recently upgraded windows with privacy tinting and wood-look LVP flooring that flows seamlessly through the living spaces. The bonus room is currently being utilized as a fourth bedroom, second living room and gym offering a flexible space to suit anyone's needs. Step outside and escape to your private backyard oasis with a renovated 35,000-gallon pool—10 feet deep and finished with sparkling glass mosaic tile. The entire pool pad features new equipment, ensuring low maintenance and high enjoyment all year long. Additionally you can unwind after a long day in the 6-person Caldera hot tub, the perfect complement to the expansive outdoor living space. A recently replaced roof adds to the peace of mind of this thoughtfully upgraded home. This home blends modern updates with outdoor luxury—don’t miss your chance to own a true entertainer’s dream!
Source: MLSOK #1177429
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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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.