19932 Woodhaven Dr, Mokena, IL 60448
4 beds · 5 baths · sqft
Get a free consultation call with an expert in the mortgage assumption process.
FIRST SHOWINGS 9/21 10AM-3PM 9/22 10AM-3PM HOME SWEET HOME! WELCOME TO THIS SPRAWLING MOKENA OASIS! CALL THIS 6 BEDROOM 5 BATHROOM YOUR FOREVER HOME! TOUR THIS BEAUTIFUL SUBURBAN FAMILY OASIS AS IT BOASTS LUXURY, ENTERTAINMENT, & TIMELESS APPEAL. PERFECT FOR THOSE LOOKING TO ENJOY THE TRANQUILITY MOKENA HAS TO OFFER. THE HOME FEATURES FINISHED BOHEMIAN CHERRY HARDWOOD FLOORS THROUGHOUT THE MAIN AREAS IN THE ENTIRE HOUSE, 6 LARGE BED ROOMS & 5 UPDATED BATHROOMS. IMPORTED FLOOR CERAMIC TILES FROM ITALY & IMPORTED WALL TILES FROM SPAIN. ENJOY THE LUXURY OF 2 KITCHENS (MAIN LEVEL KITCHEN & BASEMENT KITCHEN), OFFICE ROOM & FULL ENTERTAINMENT CENTER WITH A MOVIE THEATRE ROOM AND CUSTOM BAR EQUIPPED WITH RESTAURANT GRADE COOLER FOR YOU TO ENJOY WITH GUESTS! HOME INCLUDES GRAND FOYER, GORGEOUS STAIRCASE a STYLISH SOPHISTICATION AND INCREDIBLE ATTENTION TO DETAIL. FLOOR PLAN INCLUDES FORMAL LIVING ROOM and DINING ROOM WITH DRAMATIC ELEGANT CEILINGS. THE SUNLIT FAMILY ROOM ADJACENT TO THE BEAUTIFUL CHEF'S KITCHEN WITH GLEAMING GRANITE COUNTERS, BLACK STAINLESS STEEL APPLIANCES, & AMPLE DINING AREA. MASTER BEDROOM FEATURES MASSIVE WALK-IN CLOSET A STRIKING 2-SIDED FIREPLACE IN MASTER BATH WITH LUXURIOUS PRIVATE BATH & WHIRLPOOL TUB, a DELUXE WALK-IN SHOWER & HUGE WALK-IN CLOSET WITH PLENTY STORAGE AREAS. BASEMENT FEATURES FULL KITCHEN WITH CUSTOM BAR, ALL STAINLESS STEEL APPLIANCES & CUSTOM STEAM ROOM W DUAL STEAM SPRAYS! CLOSE DISTANCE TO DOWNTOWN MOKENA, LA GRANGE RD, LAPORTE RD, LARAWAY RD, FRANKFORT SQUARE & INTERSTATE ACCESS SCHEDULE YOUR TOUR TODAY! UPDATED INTERIOR PHOTOS COMING SOON MOTIVATED SELLERS
Source: MRED #12164429
All values shown are estimated costs / mo.
Source: Public records
Source: MRED #12164429
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.