10289 Lismore Rd, Roscoe, IL 61073
4 beds · 3 baths · 2,500 sqft
Presenting a remarkable residence that encompasses all your desires. This stunning home boasts numerous upgrades and features that elevate its appeal. As you approach, the expansive covered front porch warmly welcomes you into this four-bedroom, two-and-a-half-bathroom property. The first floor is adorned with beautiful hardwood flooring throughout, featuring a spacious formal dining area, a sitting room, and a versatile storage space. The open-concept kitchen is designed with functionality in mind, showcasing a large island with an eating area, stainless steel appliances, and a seamless connection to the family room. The generously proportioned family room is bathed in natural light and includes a cozy gas fireplace, with sliding doors that lead to an expansive outdoor living area-ideal for entertaining or relaxing. Upstairs, you will find a sizable master suite complete with a luxurious master bathroom, featuring a separate soaker tub. The second floor also features three generously sized bedrooms and an additional full bathroom. A conveniently located laundry room on this level saves you the hassle of frequent trips up and down the stairs. The partially finished basement offers ample storage space along with room for recreation or play. This property includes an oversized three-car garage, which is complemented by a mudroom conveniently located just off the garage entrance. Step outside onto the expansive multi-level composite deck that overlooks the large private yard and leads to a heated above-ground pool. The deck is also equipped with a gazebo and provides plenty of space to accommodate all your entertaining needs. The expansive private yard offers ample space for various activities, complete with designated garden areas. Recent updates include a brand-new roof, freshly completed interior painting, and a newly replaced air conditioning system. For added peace of mind, a home warranty is included with the property. This residence provides a serene country living experience while remaining conveniently close to shopping, dining, entertainment, and easy access to highway
Source: MRED #mrd12175732
Source: MRED #mrd12175732
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #mrd12175732
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.