331 Pasadena Ave, Crest Hill, IL 60403
2 beds · 1 baths · 880 sqft
Charming and well-maintained, this one-story home sits on a desirable corner lot in Crest Hill, featuring an oversized two-car garage! Step inside and be greeted by stunning new wood laminate flooring (installed September 2024), flowing seamlessly throughout the entire home. The bright and inviting family room is bathed in natural light and opens into a separate dining area, featuring a unique built-in corner cabinet. The spacious kitchen is as functional as it is welcoming, with freshly painted wood cabinets, a cozy sitting area, and ample room for meal prep. Plus, enjoy brand-new appliances, including a stove (Spring 2024) and refrigerator (January 2025)-all appliances stay! The home boasts a generous primary bedroom and a spacious second bedroom with stairway access to the attic from the second bedroom. A conveniently located hallway bathroom adds to the home's practicality. Downstairs, the full basement offers incredible storage, a dedicated laundry area with a washer, dryer, and utility sink, and plenty of extra space for all your needs. The fabulous oversized two-car garage is perfect for additional vehicles, a workshop, or extra storage-complete with a brand-new entrance side door that's sure to impress! Step outside to enjoy the beautifully landscaped backyard, featuring a concrete patio and stunning Magnolia tree ready to bloom. The walk-up attic provides even more storage or the potential to be converted into additional living space. Freshly painted interior, solid wood panel doors with vintage glass doorknobs, additional recent upgrades include: New front, back, and storm doors (2023/2024) New furnace & electrical panel (November 2024) New water heater (Spring 2022) New chimney liner (2025). Perfectly located just one block from Chaney Monge School and within the Lockport HS District, this home offers easy access to parks, shopping, and dining. Low taxes. Start your memories here...See it. Buy it. Love it!
Source: MRED #12326862
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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 #12326862
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.