2153 N Nordica Ave, Chicago, IL 60707
3 beds · 3 baths · sqft
Stunning Three-level Open floor plan with hardwood floors and crown moldings throughout the home. Five Bedrooms, Two Master Suites, a Large Living/Dining Room with Fireplace, a Spacious Family Room with an additional eat-in area, and Fabulous Outdoor Space. Welcome to this incredible home located in the heart of Galewood, Chicago. Designed with comfort, functionality, and style in mind, this home offers everything your family needs, all within walking distance of excellent neighborhood amenities and Metra. Key Features: * Upstairs you will find Two Master Suites: Spacious master bedrooms with en-suite marble bathrooms provide ultimate comfort and privacy for you and your guests. * Cozy Large Living/Dining Room with brick white-wash fireplace: Relax by the charming fireplace, perfect for creating a warm and inviting atmosphere and family gatherings. * Additional Bright Spacious Family Room with another small dining area: The large family room has French doors open to a spacious porch and a beautifully landscaped backyard. * Modern Kitchen: Enjoy a fully updated kitchen featuring brand-new appliances, ample granite counter space with a peninsula, and sleek cabinetry. * Hardwood Floors: Gleaming hardwood floors flow throughout, adding timeless elegance to every room. * Finished Basement: A versatile space perfect for a playroom, home office, gym, and entertainment area along with a large, enclosed pantry. * In-Home Laundry: A washer and dryer are included for added convenience. Additional Features: * Fiber Cement Siding: Durable, low-maintenance siding ensures lasting curb appeal. Outdoor Features: * Large Backyard: Step outside to a serene backyard, two-car garage, a gazebo, and an iron fence wrapped around with a sliding back gate, perfect for entertaining, relaxing, or family gatherings. * Front & Back Porches: Ample outdoor space for lounging or coffee. Prime Location: * Walking Distance to Elementary School making mornings with the kids a breeze. * Walk to the Metra Train: Convenient access for commuting to downtown Chicago. * Nearby Amenities: Close to parks, dining, shopping, and everything Galewood has to offer. * Ideal for large families or hosting guests. This home blends modern comfort with family-friendly features, all in an unbeatable location.
Source: MRED #12259384
Interest rate and monthly payment estimated based on public records.
Source: MRED #12259384
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: #12259384
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.