3313 Alyssa St, Plano, IL 60545
4 beds · 3 baths · 2,072 sqft sqft
This beautiful 2072 sq.ft. 4 BEDROOM, 2.5-bath home in LAKEWOOD SPRINGS SUBDIVISION offers both comfort and functionality. The kitchen overlooks the backyard, making it easy to enjoy scenic LAKE views while cooking. It offers ample cabinet space, a pantry, travertine tile floors, and a cozy breakfast area. The main level also includes a separate dining room, a half bath for convenience, and solid surface flooring throughout, all complemented by beautiful SIX-PANEL DOORS. The living room is the perfect place to unwind in front of the WOOD-BURNING FIREPLACE. Upstairs, the primary bedroom boasts VAULTED CEILING, a WALK IN CLOSET, and a double-sink. The other three bedrooms are generously sized with excellent closet and storage space. The second bath has been updated with a modern tile shower, plus the laundry room is conveniently located on the second floor. A full unfinished BASEMENT offers additional room for storage or future customization. The backyard is an oasis with a STAMPED PATIO, FIREPIT, and shed, all set along a serene LAKEFRONT. Living in Lakewood Springs provides access to fantastic amenities, including a pool, two clubhouses, parks, walking trails, a baseball field, and tennis and volleyball courts. The home is also within walking distance of the elementary school. Schedule your tour today and experience everything this lakefront home has to offer!
Source: MRED #mrd12191216
Interest rate and monthly payment estimated based on public records.
Source: MRED #mrd12191216
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: #mrd12191216