3313 Christopher Ln, Mchenry, IL 60051
4 beds · 3 baths · 2,799 sqft
Great living in the much sought after Running Brook Farm subdivision is waiting for you! This Beautiful 4 bedroom 2.1 bathroom home offers many great features. With its 2799 square feet of living space and 9' ceilings on the first floor, you have an abundance of room for family and entertaining. When you enter the home, you are greeted by the large living room / dining room space that looks through to the family room and backyard. The generous sized family room has large windows that let in lots of natural light and views of the back yard. The dining area in the kitchen features a big triple glass door that takes you out to the concrete patio and has plenty of room for a good sized kitchen table. The Kitchen features stainless steel appliances and plenty of cabinet and counter space for storage. With its sizable island, you also gain more storage and extra seating for family and guests. The kitchen also has a large walk in pantry! The 3 car garage has plenty of room for wall cabinets and high ceilings to create over head storage. The second floor is where the fun begins! When you get to the top of the stairs, you walk into your own personal home theater room! This big gathering space is centered around the 3 bedrooms and primary suite. The second floor is also where the laundry room is located for ease of use. The primary suite features a vaulted ceiling, 2 walk in closets, and its own bathroom with soaking tub and separate shower. The unfinished basement with its tall ceilings is a blank canvas waiting for you to create the space of your dreams! If you are in need of yard space, this well groomed fenced-in backyard with its pear and apple trees, concrete patio and firepit is ready to welcome you to a relaxing atmosphere. It also has its own shed for, you guessed it... More storage! The home is located just minutes away from schools, restaurants, shopping and entertainment. You also have plenty of outdoor activities nearby as well! Boating on the chain of lakes, walking paths of Moraine Hills State Park, or even the McHenry outdoor theater!
Source: MRED #12307452
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 #12307452
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.