3695 Tamarack Cir, Crystal Lake, IL 60012
4 beds · 4 baths · 4,953 sqft
Welcome to your dream home at 3695 Tamarack Cir in Prairie Grove, IL! This stunning 4-bedroom, 3.5-bathroom residence offers a perfect blend of modern elegance and comfortable living. As you approach, the grand entrance with large front doors welcomes you into a breathtaking foyer featuring a grand staircase and a dazzling chandelier. Step inside to discover high ceilings and stylish modern fixtures throughout. The gourmet kitchen is a chef's delight, boasting a beautiful island that's perfect for entertaining. Adjacent to the kitchen, the dining room is designed for hosting large dinners and creating memorable moments with family and friends. The spacious family room is the heart of the home, complete with a cozy fireplace that invites relaxation. A loft area provides additional living space and a view to the living space below. The master suite is a true retreat, featuring ample space and an en-suite bathroom with luxurious finishes. Three additional bedrooms provide comfort and versatility for family and guests. Step outside to the expansive backyard, where you'll find a screened porch and a patio that are perfect for outdoor relaxation and entertaining. The 3-car garage provides plenty of storage and convenience. This exquisite home combines modern design with thoughtful details, making it a perfect choice for those seeking both style and comfort. Don't miss the opportunity to make 3695 Tamarack Cir your new address!
Source: MRED #mrd12106194
Source: MRED #mrd12106194
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: #mrd12106194
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.