14031 S Wayman Ln, Robbins, IL 60472
3 beds · 3 baths · 2,100 sqft
Welcome to your future dream home! This spacious split-level property combines elegance with practical design, offering a warm and inviting exterior complemented by its beautiful architectural details. The large front windows allow natural light to flood into the living spaces, creating a warm and open atmosphere that invites you in. The meticulous brickwork and stone accents highlight the quality and craftsmanship throughout. As you step inside, you'll find a thoughtfully designed open-concept layout that enhances the home's flow. The kitchen stands out with modern stainless steel appliances, granite countertops, and custom cabinetry that provide ample storage and workspace for all your culinary needs. Its connection to the living area makes it the perfect spot for hosting gatherings or enjoying family meals. Upstairs, spacious bedrooms provide comfort and privacy. The primary suite, featuring a high ceiling and plenty of closet space, serves as a private retreat, while the en-suite bathroom adds an element of luxury with modern finishes. Downstairs, the family room is ideal for cozy nights in, and there's easy access to the beautifully maintained backyard - perfect for outdoor entertainment, gardening, or simply relaxing on weekends. The backyard deck, accessible from the kitchen, offers an ideal spot for barbecues, morning coffees, or sunset views, blending indoor and outdoor living seamlessly. With a large garage and additional driveway space, there's plenty of room for vehicles and storage. If you're looking for a home that offers comfort, style, and ample space, this property checks all the boxes. It's more than just a home; it's the perfect place to start new memories. Don't miss the opportunity to make this stunning property yours!
Source: MRED #12197718
Interest rate and monthly payment estimated based on public records.
Source: MRED #12197718
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: #12197718
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.