360 Hemlock Ln, Oswego, IL 60543
3 beds · 3 baths · sqft
RARE THREE-CAR DEARBORN MODEL WITH NEW UPGRADES - READY FOR YOU IN 2024! Welcome to 360 Hemlock Lane, a classic beauty with modern finishes and recent upgrades that make it even more irresistible. This Dearborn model in popular Ashcroft Place is move-in ready and waiting for you! At just under 2,500 sq. ft., this home offers 3 spacious bedrooms, 2.5 bathrooms, a finished three-car garage, and a full basement. The light and bright kitchen features white shaker cabinetry by Aristokraft, crown molding accents, stainless steel oven/range, microwave, dishwasher, a large island/breakfast bar, and a walk-in pantry-perfect for storage and entertaining! (Washer, dryer, and refrigerator are not included.) The open-concept floor plan flows effortlessly into the family room, where a newly installed electric fireplace adds warmth and charm. A main floor den, complete with glass-pane French doors, offers flexibility for work or leisure. Upstairs, the deluxe 18x15 primary suite boasts a massive walk-in closet, plush carpeting, and a ceiling fan rough-in. The en suite bathroom is both stylish and functional, with dual sinks, a comfort-height vanity, a low-maintenance walk-in shower, glass shower doors, and a transom window for a touch of elegance. Step outside to enjoy the new brick paver patio, complete with a firepit, perfect for cozy evenings. The fully fenced backyard adds privacy and convenience for pets or playtime. Additional highlights include: * Smart Home Features for modern living * High-efficiency furnace and A/C * Power-vented hot water heater * Low-E glass windows and programmable thermostat * Professional landscaping with established sod lawn Located on a quarter-acre lot in Oswego's Ashcroft Place, you'll enjoy proximity to downtown shopping, dining, and highly rated Oswego District 308 Schools. Why wait for new construction? This upgraded home is ready now and better than ever. Schedule your showing today-you'll see it, love it, and want to make it yours!
Source: MRED #12223173
Interest rate and monthly payment estimated based on public records.
Source: MRED #12223173
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.
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.
MLS ID: #12223173
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.