322 Twinleaf Trl, Yorkville, IL 60560
4 beds · 3 baths · 2,671 sqft sqft
#HomeSweetHome - This 4BR/2.1BA Whispering Meadows home is ready for new owners! FINISHED BASEMENT. Lots of room to roam in this two-story beauty. THREE CAR TANDEM GARAGE! Perfectly situated near major highways, shopping, dining, schools, and so much more! Enjoy an expansive floor plan featuring a formal living room and large family room. The kitchen is fully equipped and is adjacent to a breakfast room. For a more formal dining experience, take your meals to the separate dining room. There is a main floor laundry and powder room. Upstairs, you will find four large bedrooms. The master bedroom offers two walk-in-closet and a private ensuite bathroom. The three other bedrooms also feature walk-in-closets - so much room for storage! In addition to the master bathroom, there is another full bathroom on the second floor. As if there was not already so much to love, head on down to the FINISHED BASEMENT! The basement offers such a flexible layout and can be used however you wish. Outside you will find a great fenced yard and pool. There is an attached 3 car tandem garage - even more additional storage! Schedule your showing to tour this great home today!
Source: MRED #mrd12081755
Interest rate and monthly payment estimated based on public records.
Source: MRED #mrd12081755
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #mrd12081755