1148 Greensfield Dr, Naperville, IL 60563
4 beds · 3 baths · 1,938 sqft
Multiple Offers Received. Best & Final offers due Monday, March 31st at Noon. Welcome to this stunning 4-bedroom, 2.1-bathroom home in the Naperville North school district that perfectly blends style, comfort, and functionality. The heart of the home is the perfectly sized eat-in kitchen, offering ample counter space, modern appliances, and a seamless flow into the living room with soaring vaulted ceilings that create an airy, spacious ambiance + the gas fireplace that provides comfort during the winter months. The primary suite is a true retreat, featuring a luxurious en suite bathroom complete with a tub, and shower, and walk-in closet. Three additional bedrooms provide plenty of space for family, guests, or a home office. The first floor laundry makes life easy! Outside, the fenced yard offers privacy and a safe haven for outdoor activities, gardening, or simply enjoying the fresh air. The attached two-car garage provides convenient parking and extra storage space. The owners have updated so much including the HVAC in 2023, driveway in 2020, & siding/gutters/fascia in 2021/22. Located close to downtown Naperville, schools, parks, and shopping, this home is ready to meet all your needs! Done miss the chance to make it your own!
Source: MRED #12273736
Financials
Source: MRED #12273736
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.