17755 Turtlecreek Dr, Homewood, IL 60430
4 beds · 3 baths · 1,898 sqft
Your search is finally over! You will fall in love with this impeccably modern home located within the school district of Homewood Flossmoor High School! Your new home is located towards the end of a cul-de-sac street with a playground just steps away in the HIGHLY sought after area of Homewood! BRAND NEW roof and siding was just installed on this home in July 2024! This new fully rehabbed home is equipped with 4 generously sized bedrooms with another bonus room in the fully finished basement. All 4 bedrooms are located on the homes upper level! Upper level is also equipped with 2 nice sized full bathrooms. This home is bright with plenty of natural lighting. On the homes main level, you will find an oversized living and dining area and bright kitchen with all new stainless steel appliances and ample all white cabinetry. On the lower level, there is a large family room with plenty of space to entertain and also a half bath so that your guests dont have to go upstairs to use the washroom! The finished basement could also house family gatherings and can also work as a man cave for those loud sports game discussions! Basement also offers a large laundry/utility room and a extra room that could be used as a guest room, office or additional storage. The large 2.5 car garage offers ample parking spaces along with the properties driveway. This home is perfectly rounded out with new manicured landscaping in both the front and the extra large newly fenced backyard. Whether you're hosting a dinner party, Super Bowl viewing or backyard BBQ, this home has it all. All you need to do is move in! Motivated seller!
Source: MRED #12220652
Interest rate and monthly payment estimated based on public records.
Source: MRED #12220652
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: #12220652
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