2330 Georgetown Cir, Aurora, IL 60503
3 beds · 3 baths · 1,782 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Bright and spacious, this open-concept 3 bedroom, 3 full bath end-unit townhouse in the sought-after Washington Commons subdivision truly has it all! With soaring vaulted ceilings, abundant natural light, and two full levels of finished living space, this is a rare find you won't want to miss. Step inside and you'll immediately notice the open-concept layout and two generous living areas, perfect for families or those who love to entertain. The foyer, living room, kitchen, and dining room are all finished with beautiful hardwood flooring. The main living room features a cozy gas log fireplace, vaulted ceilings, and large windows that flood the space with light. The kitchen offers granite countertops, stainless steel appliances, a pantry, and flows seamlessly into the dining area. Step out from the dining room onto the brand new composite wood balcony, an ideal space to relax or dine outdoors with scenic second-story views. The main level includes a spacious primary suite complete with a walk-in closet and a well-appointed private bath featuring a double sink vanity, soaking tub, and separate shower. A second bedroom and an additional full bath complete the upper floor. Downstairs offers even more space, with a large family room covered in luxury vinyl plank flooring and walk-out access to a large concrete patio and backyard, a perfect play area for children, pets or just soaking in the sun. This level also includes a third bedroom, currently used as a music studio, a third full bathroom, a laundry room, and interior access to the attached 2-car garage. Updates include: balcony (2024), roof (2021), water heater (2020), kitchen appliances (2014). Additional highlights include end-unit privacy, tons of natural light, water and sewer included in the HOA, and a fantastic location within highly rated Oswego School District 308! Enjoy easy access to parks, and just minutes to Naperville dining, shopping, and entertainment. Schedule your showing today - this is a must see!
Source: MRED #12346385
All values shown are estimated costs / mo.
Source: Public records
Source: MRED #12346385
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.