16193 Sand Ct, Wadsworth, IL 60083
4 beds · 3 baths · sqft sqft
Discover the serenity of this custom-built home, perfectly situated on a peaceful cul-de-sac on a full acre of land. With four spacious bedrooms and two-and-a-half baths, this home is designed for comfortable living and effortless style. Step inside to find an open floor plan bathed in natural light, high ceilings, and seamless flow between the living, dining, and family rooms-ideal for both entertaining and everyday life. The kitchen, complete with a center island and built-in appliances, opens to a back deck that overlooks a beautifully private, tree-lined yard. On the main floor, a dedicated home office offers a quiet retreat for work or study. Upstairs, all bedrooms feature generous walk-in closets, while the primary suite impresses with vaulted ceilings, bay windows, and an ensuite bath with a jacuzzi tub for ultimate relaxation. The fourth bedroom, enhanced with skylights and vaulted ceilings, is a bright, inviting space. A convenient laundry room with a new washer and dryer adds functionality. The unfinished walkout basement provides endless potential for customization, allowing you to create the space of your dreams. Ideally located close to shopping and dining, this home blends spacious living with peaceful surroundings. Don't miss your chance to step into your future-schedule a showing today and experience the lifestyle you've been waiting for!
Source: MRED #12174732
Interest rate and monthly payment estimated based on public records.
Source: MRED #12174732
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: #12174732
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.