337 Carriage Hill Rd, Naperville, IL 60565
4 beds · 3 baths · 2,121 sqft
Amazing Naperville True Quad Level Beauty! This stunning home features a fantastic floor plan ideal for everyday living & entertaining. Truly a home with an abundance of living space throughout with a modern style. This home offers, a huge fenced in yard, 4 bedrooms 2 1/2 bathrooms, lower-level family room with an additional Huge finished sub-basement family room. which is great for entertaining or just quiet enjoyment. The Main Level: foyer area, which leads to nice size Living Room, new laminate flooring and recessed lighting. Kitchen & dining areas are a great place to gather. The kitchen offers new flooring, new light fixtures and recessed lighting. Kitchen patio door leads to a large deck with a beautiful view of the spacious fenced in yard and a lower-level patio. Upper level: 4 nice size bedrooms, 1 full bathroom in hallway. Main bedroom has its own private bathroom. Recessed lighting in all bedrooms. The Lower-Level: Family room with a cozy fireplace, new flooring, recessed lighting, laundry room, 1/2 bath and an additional patio door which leads to a paved patio. Additional Lower-level sub-basement: Huge Finished Family room, new flooring, recessed lighting. Large Storage area this is a great room.. News: all new electrical panel with upgrades, recessed lighting throughout the home, new ceiling fans, new lighting fixtures. all new laminate flooring throughout except bedrooms. New water heater, new garbage disposal. Your Dream Home is waiting. Walking distance to schools, parks, neighborhood pool and bike trails. Don't miss out!
Source: MRED #12305354
Source: MRED #12305354
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%. 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.
Other resourcesWhat 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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.