1227 Hillview Dr, Lemont, IL 60439
3 beds · 2 baths · 1,800 sqft
Welcome home to this fully remodeled spit level! This 3 bedroom 2 full bathroom home is located on a corner lot, is contractor owned, and has been fully updated to feature an open floor plan. As you enter the home, you will find wood flooring and recessed lighting throughout the main living area. The living room has plenty of natural lighting and is equipped with audio cable access to set up your own home theatre system. The kitchen offers stainless steel appliances, granite countertops, range hood, and a center island as the main focal point for entertaining or family meals. Included is plenty of cabinet space with custom lighting. The family room is located in the lower level and features a custom gas fireplace for the upcoming winter evenings. Being so close to the lower level full bath allows this room potential to convert to a main bedroom suite. The 3 bedrooms are located on the second level and share a full bathroom. The laundry room is conveniently located next to the family room and walks up to the attached garage. Laundry room has plenty of cabinet/counter storage space. The dining area next to the kitchen features new lighting and a sliding glass door that leads to the backyard oasis. The fully fenced backyard is accented with stamped concrete and includes a gas grill, custom concrete counters, outdoor drink fridge, and sun shade. The backyard garden area is equipped with a sprinkler system. Attached extra wide garage has epoxy flooring and extra storage space to fit tool cabinets or even a garage gym! Is at walking distance from Oakwood Elementary and River Valley School. Is 1.3 miles from Lemont High School. Close to major highways (55,80,and 355) downtown Lemont, and Pollyanna Brewery. Schedule your showing today! Check out the virtual tour!
Source: MRED #mrd12148068
Source: MRED #mrd12148068
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: #mrd12148068
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.