1154 HEARTLAND DR, Yorkville, IL 60560
Welcome to your dream home, where every detail has been thoughtfully considered. This stunning home features a spacious and bright floorplan. The grand two-story foyer boasts a double-step tray ceiling and an elegant arched transom, leading to open-concept living and dining areas adorned with crown molding, a tray ceiling, chair rail, and wainscoting. The butler's pantry with a wine refrigerator flows into the gourmet kitchen, which features hardwood flooring, granite countertops, a ceramic-tiled backsplash, birch cabinets with crown molding, a large breakfast nook, a planning desk, and an island with a butcher block top and pendant lighting. Adjacent is the vaulted sunroom with hardwood floors, opening to a large deck perfect for entertaining. The open two-story family room showcases exquisite paneled wainscoting, a floor-to-ceiling fireplace, large windows with transoms, enhanced by a double staircase. The first floor also includes a convenient laundry room with a utility sink and new ceramic tile flooring (washer and dryer not included), a versatile first floor office or bedroom with crown molding and wainscoting, and a powder room. Upstairs, the primary suite offers a luxurious retreat with a double door entrance, tray ceiling, ceiling fan, massive dual walk-in closets, and a private bath with a jetted soaker tub, separate shower with ceramic tile, and dual vanity. Bedroom 2 is a guest suite with a private bathroom, while Bedrooms 3 and 4 share a Jack-and-Jill bathroom. All bedrooms feature ceiling fans, volume or tray ceilings, and ample closet space. The finished basement is a highlight, with a wet bar, recreation room, full bathroom, two additional rooms including a 5th bedroom and a separate playroom, and two large storage areas, perfect for gatherings. Additional features include a three-car attached garage, a whole house generator, and a wood deck with a metal pergola, overlooking a beautifully landscaped yard that backs to community trails. Located in the desirable Heartland community in Yorkville, enjoy access to a community pool, neighborhood trails, open spaces, parks, and excellent schools, with easy access to shopping, dining, and interstates, as well as nearby state parks, the Fox River, hiking trails, restaurants, theater and the states largest water park. This home is a must-see to fully appreciate its charm and vibrant community.
You may be able to put down less than the total down payment amount of $245,752 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #mrd12152837
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.