22150 Chappel Ave, Sauk Village, IL 60411
4 beds · 1 baths · 1,200 sqft
Step into the perfect combination of style, comfort, and convenience with this beautifully updated 4-bedroom, 1-bathroom ranch home, designed for effortless single-story living. From the moment you enter, you'll be captivated by the inviting ambiance and modern updates that make this home truly special. The heart of the home is the stunning kitchen, thoughtfully designed with crisp white shaker-style cabinets, elegant granite countertops, and sleek stainless steel appliances. Whether you're preparing a casual meal or hosting a gathering, this space is sure to impress with its functionality and timeless charm. Retreat to the expansive master bedroom, offering plenty of space to unwind after a long day (currently used as an additional family room). Three additional bedrooms provide flexibility-whether you need extra room for guests, a creative studio, a dedicated workspace, or a personal haven, this home effortlessly adapts to your needs. Step outside and discover the large, fully fenced backyard-an ideal space for outdoor activities, gardening, or simply enjoying the outdoors. This private outdoor space offers endless possibilities. Move in with confidence, knowing that major mechanicals and big-ticket items are newer. Furnace, A/C, hot water heater, windows, and more-all completed in 2021-ensure efficiency and peace of mind for years to come. This home is move-in ready and waiting for you to make it your own. The village inspection has already been completed and passed, adding yet another layer of convenience. Don't miss this incredible opportunity to own a modern, well-maintained home that blends contemporary updates with timeless comfort in convenient one level living!
Source: MRED #12335540
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: MRED #12335540
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 of Equal Opportunity Act.