3609 Lee Ave, Gurnee, IL 60031
4 beds · 3 baths · sqft sqft
Welcome to your dream home! Nestled on a picturesque corner lot, this stunning 2-story residence offers over 2,700 square feet of refined living space, perfectly blending comfort and style. Boasting 4 spacious bedrooms and 2.5 baths, this home is ideal for growing families or those who love to entertain. Step inside to be greeted by high ceilings, and discover a beautifully updated kitchen, where modern finishes make cooking a delight. The main level also offers a den and separate mud room. The upper level features newer floors, providing a fresh and elegant touch to the living areas. The upstairs layout offers a seamless flow from room to room, and you will fall in love with the master suite that offers it's own bath and jacuzzi, plus a massive walk-in closet that was initially an additional bedroom. The unfinished basement is a blank canvas ready for your creative vision. Imagine the possibilities - a home theater, gym, playroom, or additional living quarters - the choice is yours! Outdoor enthusiasts will fall in love with the custom stone patio as it is perfect for al fresco dining and summer barbecues, while the gazebo offers a tranquil retreat to relax and unwind. The fenced yard ensures privacy and safety, making it an ideal space for children and pets to play freely. With a 2-car garage, you'll have ample space for parking and storage. Rest easy knowing that the home's utilities and major components have been well maintained, offering peace of mind and reliability for years to come. Schedule your showing today and envision your future in this beautiful, inviting home!
Source: MRED #12091899
Interest rate and monthly payment estimated based on public records.
Source: MRED #12091899
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: #12091899
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.