2807 Ridge Rd, Lansing, IL 60438
3 beds · 2 baths · 1,200 sqft
COME THIS SUNDAY APRIL 27TH NOON-3PM FOR A SPECIAL "FREE" VIEWING OF THIS LOVELY HOME....."MOTIVATED SELLER" LOOKING FOR OFFERS ON THIS FANTASTIC SOLID FACE BRICK RANCH WITH NOTHING TO DO BUT MOVE IN AND ENJOY!!!.... THE HOUSE IS IMMACULATE AND NICELY APPOINTED. IT FEATURES 3 BEDROOMS AND 2 FULL BATHROOMS... COZY UP TO THE TOASTY WARM ,STONE FIREPLACE IN THE LIVING RM, ON THOSE COLD WINTER NIGHTS AND ENJOY A HOT DRINK, OR MAYBE A COLD ONE WHILE READING A GOOD BOOK OR WATCHING THE BEARS ON TV.....OR JUST LAY ON THE SOFA AND LOOK UP AT YOUR FANTASTIC BEAMED, VAULTED CEILINGS AND PLAN YOUR NEXT GET-A WAY......BUT THERE'S MORE!!!...THERE IS A FULL FINISHED BASEMENT THAT NOT ONLY HAS A FAMILY ROOM FOR ENTERTAINING GUESTS, BUT ALSO A SEPARATE 25X15 REC RM TO SHOOT POOL ON YOUR OWN POOL TABLE WITH YOUR FRIENDS (TABLE WILL STAY WITH THE HOUSE)...NEAR THE POOL TABLE IS AN ADDITIONAL REFIRGERATOR FOR YOUR COLD BEER AND AN EXTRA STOVE TO HEAT UP SNACKS FOR THOSE POOL SHARKS!!! (FRIG & STOVE STAY)...... THE VERY LARGE (13X6) FULL BATHROOM DOWNSTAIRS FEATUERS A WHIRLPOOL TUB TO SOAK, RELAX, AND UNWIND IN AFTER A HARD DAY AT WORK..... THIS FULLY FINISHED BASEMENT EVEN HAS IT'S OWN LAUNDRY SUITE. YOU NEED TO COME AND TAKE A LOOK..... WITH THE HOUSE YOU GET A LARGE 2.5 CAR SOLID FACE BRICK GARAGE AND A GORGEOUS PAVER BRICK, COVERED PATIO, FEATURING A BUILT IN GAS GRILLE FOR YOUR SUMMER BBQ PARTIES WITH FRIENDS AND NEIGHBORS...THIS HOME IS CLOSE TO THE COMMUTER TRAIN, INTERSTATE HIGHWAYS, TONS OF SHOPPING AND TRENDY RESTUARANTS AND NIGHT LIFE......ROOF, FURNACE AND WATER HEATER WERE ALL REPLACED NOT LONG AGO SO YOU SHOULD HAVE NO WORRIES AND GET THIS, THE SELLER WILL GIVE THE BUYER A ONE YEAR HOME WARRANTY SO YOU CAN LIVE IN COMPLETE COMFORT WITH NO WORRIES.....MAKE AN APPOINTMENT TODAY TO SEE THIS LOVELY HOME BEFORE SOME ONE BEATS YOU TO THE PUNCH!!!!...DO IT NOW!!!!!
Source: MRED #12312615
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 #12312615
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.