1210 Courtland Cir, Plainfield, IL 60586
2 beds · 2 baths · sqft
You will love this bright and freshly painted, 2 bedrooms, 1.5 bath, with huge family room on second floor with vaulted ceiling or can be used as 3rd bedroom*This great townhome is located in the Hampton Glen subdivision*As soon as you walk in you will notice that the downstairs has been freshly painted as well as all of the upstairs with the exception of the family room*The living room boast vinal plank flooring and flows nicely into the dining area, kitchen with tons of cabinets and counter space and all appliances, beautiful tile backsplash finishes it off*There is a 1/2 bath conveniently located on the first floor*Door to your attached two car garage off kitchen makes it easy for bringing in the groceries*Slider off dining area to private back patio for you to enjoy your morning coffee or tea or evening adult beverages when weather permits*Upstairs you will find two bedrooms and a huge family room or 3rd bedroom, you choose*laundry is conveniently located on the second floor as well*Main bedroom with a WIC and shared bath*This beautiful townhome is located by many resturants and shopping and not far from major express ways*There is more guest parking right across the street and entry to pathway for a nice stroll around the pond*Seller is giving $2000 at closing towards new carpet for upstairs.
Source: MRED #12203730
Interest rate and monthly payment estimated based on public records.
Source: MRED #12203730
Source: Public records
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: #12203730
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.