8993 S 257th East Pl Broken Arrow, OK 74014
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About this home
COMING SOON! No showings or offers until 11/6/2025. BUYERS—DON’T SLEEP ON THIS ONE! ASSUMABLE LOAN AT AN INCREDIBLE 2.875% INTEREST RATE OR USE YOUR OWN LENDER! Welcome to this gorgeous, move-in-ready corner-lot home in the highly sought-after Crossing at 91st Estates in Broken Arrow! From the moment you pull up, you’ll fall in love with the inviting charm that feels like home the second you step inside. This single-story beauty features 3 spacious bedrooms, 2 full baths, and a split-bedroom floor plan offering privacy and comfort for everyone. The open-concept layout flows perfectly from the kitchen to the dining and living areas—ideal for entertaining guests, hosting family gatherings, or simply relaxing after a long day. Inside, enjoy fresh interior paint, beautiful tile and wood veneer flooring throughout, and a large primary suite complete with double-sink vanity and walk-in closet. The kitchen is bright, functional, and ready for your favorite meals—plus the appliances are negotiable (dryer and fridge only). Step outside to your spacious fenced backyard, perfect for BBQs, pets, kids, and weekend hangouts! The covered patio makes the perfect spot for morning coffee or unwinding in the evening. Recent updates include a new hot water tank (1 year old), and the sellers are even including a 1-year home warranty for peace of mind! Prime Location: Just 4 minutes to Hwy 51, 10 minutes to the Creek Turnpike, 6 minutes to Coweta Walmart, and only 23 minutes to Downtown Tulsa — making commuting, shopping, and dining super convenient. This one truly checks every box — charm, comfort, location, and an unbeatable interest rate! Homes like this don’t come around often, so mark your calendars and be ready — this one won’t last!
Source: MLSTECHNOLOGY #2542895
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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.