218 Cummings Dr, Bartlett, IL 60103
4 beds · 4 baths · 2,408 sqft
Welcome to 218 Cummings Dr, a stunning 5-bedroom, 3.5-bathroom home nestled in the heart of Bartlett, IL. This remarkable property boasts an inviting open floor plan that bathes the interior in abundant natural light, creating a warm and welcoming atmosphere throughout. Step inside and be captivated by the elegant hardwood floors and vaulted ceilings that enhance the spaciousness of the living areas. The gourmet kitchen is a chefs dream, featuring granite countertops, stainless steel appliances, and a second kitchen that makes entertaining a breeze. Enjoy family gatherings in the generously sized dining and living rooms, accented by recessed lighting. Retreat to the luxurious master suite, complete with a walk-in closet and a beautifully designed en-suite bathroom for your ultimate comfort. Each of the additional bedrooms is spacious and well-appointed, perfect for family or guests. The finished basement offers additional living space, ideal for a game room, home theater, or in-law suite, providing flexibility for your family's needs. Step outside to your private outdoor entertainment area, where you can enjoy the beautifully landscaped fenced backyard, perfect for summer barbecues or peaceful evenings under the stars. This home also features a multi-car attached garage for your convenience. Located on a quiet street, you will appreciate the family-friendly community with parks and recreational amenities nearby, ensuring an active and vibrant lifestyle. With easy access to highways, commuting is a breeze, making this home perfectly situated for both relaxation and convenience. Don't miss this opportunity to own a piece of paradise in a vibrant community. Schedule your private showing today!
Source: MRED #12200963
Interest rate and monthly payment estimated based on public records.
Source: MRED #12200963
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: #12200963
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.