1710 Arlington Dr, Hanover Park, IL 60133
3 beds · 2 baths · 1,977 sqft sqft
Step into this modern home, where comfort and style blend seamlessly. The updated kitchen features high-end appliances, custom cabinetry, granite countertops, and a cooktop island. The open layout flows from the kitchen to the dining room and living room, leading you to an upper deck with beautiful views of the backyard, park, and lush landscaping. With three cozy bedrooms on the main floor, including a luxurious Primary Suite, and a large updated hall bathroom, there's plenty of space for everyone. The hardwood floors and two fireplaces add a touch of elegance and warmth throughout the home. The lower level offers a versatile den that can easily serve as a 4th bedroom, perfect for guests or a growing family. There's also a separate workshop area behind the two-car garage, ideal for DIY projects or extra storage. This home has been well-maintained with a furnace installed in 2016, a new stove, fridge, washer, and dryer in 2023, and a hot water heater in 2024. Most of the windows were updated 8 years ago, with the downstairs windows in the family room and laundry room updated in 2024, ensuring energy efficiency and comfort. Located across from a park in a fantastic neighborhood, this home is close to schools and transportation, making it convenient for all your needs. The large yard is perfect for outdoor fun and relaxation. Don't miss out on this amazing opportunity to own a beautiful home in a great community. Schedule your visit today and fall in love with your new home!
Source: MRED #12083553
Interest rate and monthly payment estimated based on public records.
Source: MRED #12083553
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: #12083553
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.