18057 IDLEWILD DR, Country Club Hills, IL 60478
Welcome to this beautifully updated quad-level home located in a desirable neighborhood. This spacious 3-bedroom, 2 1/2-bathroom home has everything you need for comfortable living, including a primary bedroom ensuite for added privacy and convenience. As you enter, you are greeted by a spacious living room which leads to the second level featuring a large updated kitchen with a vaulted ceiling and skylights creating a bright and inviting space for cooking and entertaining, perfect for the home chef. There's ample space for family meals or hosting a party with the dining area, two breakfast bars and a breakfast nook - perfect for enjoying your morning coffee while overlooking the serene backyard. On the next level you'll find three large bedrooms and two full bathrooms. The primary bedroom ensuite offers a private retreat, while the additional bedrooms provide plenty of space for family, guests, or a home office. The lower level of the home features a large family room, complete with a cozy fireplace for those chilly evenings as well as a half bathroom and the laundry room. With multiple levels of living space, this home provides ample room for both entertaining and everyday living. Step outside onto the large two-tiered deck, where you can host summer BBQs and enjoy the beautiful yard, perfect for outdoor activities and gardening. Additionally, the attached two car garage provides additional storage space. Don't miss out on the opportunity to own this wonderful home that combines comfort, style, and functionality. Schedule a showing today and make this your new home sweet home! Property qualifies for the Compass Mortgage Community Lending Program offering lower interest rates and lending fees along with lower credit score requirements and relaxed lending guidelines for DTI - no income limits, ask your agent for more information.
You may be able to put down less than the total down payment amount of $109,274 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #mrd12150650
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.