500 N Remington Way Mustang, OK 73064
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About this home
The perfect blend of style and location you’ve been searching for! Spacious 3-bed + Study/Office, 2.5 bath home on a large corner lot in beautiful Chisholm Trail w/ SO MANY UPDATES! Fresh interior and exterior paint, all new electrical outlets and switches, water softener and whole-house water filtration (2023), air ducts professionally cleaned in 2024, carpet throughout bedrooms and secondary living in 2023 w/waterproof pad, stunning wood-look tile in main areas, and gorgeous & efficient updated lighting in the kitchen and front living room. Gourmet chef’s kitchen w/granite island bar, plentiful storage, built-in desk with bookshelves, stainless double ovens, gas cooktop, & recently updated KitchenAid dishwasher! Relax in two incredible living spaces: an open-concept great room with tray ceilings and recessed lighting, plus a cozy second living with dramatic stone fireplace, custom white built-ins just off the kitchen / eat-in dining—perfect for movie nights or a playroom. The owner’s retreat is a dream with tray ceiling, private backyard access with patio, spa-like en-suite featuring corner jetted tub, glass shower, and enormous custom walk-in closet with built-ins. Three additional spacious bedrooms with new carpet and big closets, plus the bonus home office/study/flex room with built-in desk and cabinetry. Love the dedicated laundry/mud room with folding counter and keypad entry from garage, updated guest bath, and convenient powder room. Ring doorbell camera & two Ring Floodlight Cam Wired Plus motion lights included! Outside there’s a large covered front porch, fully fenced backyard with Mature trees, a great covered patio pre-plumbed for gas grill & large uncovered portion! There's a storm shelter, storage building & room for a pool if you want. Other updates: cordless mini blinds on master back doors, single-side garage door, double-side garage door opener, and smart front-door lock. Move-in-ready, what’s not to love?!
Source: MLSOK #1200196
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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.