516 Kings Ct Tuttle, OK 73089
Your savings
About this home
Welcome to this stunning, high-efficiency home; a "smart" tech, luxurious retreat designed for effortless living. With stunning remote blinds, a huge whole-home Generac generator, and the most useful, thoughtful details throughout, it’s the upgrade you’ve been waiting for with expansive backyard views! This may be THE highest quality built home with timers on exterior lighting and eve plugs, apps for appliances, and designed for multiple expansions that you will find. Outside, mature trees of multiple type frame the property. The attached 3 bay garage offers 27' space for boat enthusiasts, and (2) 25' bays with 9' doors. An invisible fence loops the backyard and side. (If you have pets, just bring the collar) Your huge back porch is designed for an outdoor kitchen with gas and electric & the 10-zone sprinkler system makes lawn maintenance an ease & this home comes with custom fit Christmas lighting to boot! Your kitchen boasts the latest appliances with the double oven/convection oven! Your interior banisters are wired for most any electrical needs; The spacious epoxy floored, huge hobby room offers a variety of possibilities, designed to easily extend the roof to add even more space whether shop or living quarters. An 8-channel speaker system enhances entertainment, with different music apps and songs in each area to accommodate multiple genre preferences. This envelope house features blown insulation for HUGE energy savings. With 2025 Class 4 shingles providing a Great insurance discount. The walk-up attic, via 250-pound Versa-Lift to access the attic that can easily be completed to add living space, and HVAC is excessively large to accommodate the build out and more! The attic flume even has an "easy cleanout" access! An additional study within the owner's suite is an easily accessible safe room with electronics and security. With vast amounts of smart tech and premium features, this home delivers efficiency and elegance.
Source: MLSOK #1199641
Loan details
Neighborhood
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.