1407 Bristol Ave, Westchester, IL 60154
3 beds · 2 baths · sqft
Welcome to your dream home! This beautifully updated single-family brick Georgian-style residence offers a perfect blend of classic elegance and modern amenities, situated in the heart of Westchester. With its timeless architecture and contemporary enhancements, this property is a true gem. As you step inside, you are greeted by a warm and inviting living space featuring gleaming hardwood floors and abundant natural light. The spacious living room seamlessly flows into the dining area, perfect for entertaining family and friends. The updated kitchen boasts modern appliances, sleek cabinetry, and ample counter space, making it a chef's delight. This home features three generously sized bedrooms, each offering comfort and versatility. The primary bedroom is a serene retreat, while the additional bedrooms provide plenty of space for family, guests, or a home office. The 1.5 bathrooms have been thoughtfully updated with stylish fixtures and finishes. One of the standout features of this property is the charming rear addition, which adds extra living space that can be used as a family room, playroom, or home office, opening up to a large backyard. The partially finished basement offers additional potential for recreation or storage, while the two-car garage provides convenience and ample parking. Step outside to discover your private oasis-a large yard perfect for outdoor gatherings, gardening, or simply enjoying the fresh air. The lush landscaping and ample space create a serene environment that complements the home's interior charm. Located in the desirable Westchester community, this home is conveniently situated near parks, schools, shopping, and dining. With its perfect blend of style, comfort, and location, this updated Georgian home is ready for you to make it your own! Don't miss the opportunity to own this stunning property-schedule your showing today.
Source: MRED #12256825
Interest rate and monthly payment estimated based on public records.
Source: MRED #12256825
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: #12256825
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.