4047 W Crystal St, Chicago, IL 60651
3 beds · 3 baths · sqft
Special Homebuyer Financing Available on this Home! DON'T MISS this fantastic 4 bedroom, 3 full bath sprawling brick home on tree lined Crystal street. This stately brick home offers a generous floor plan with multiple spaces for living and dining. The main level is ideal for entertaining with a spacious living and dining area, and a kitchen made for entertaining and gathering! The spacious eat-in kitchen offers black stainless steel Samsung appliances, crisp white cabinetry, quartz counters, a large kitchen island with extra storage and it all flows seamlessly to the spacious rear deck and ample back yard. Upstairs, you'll find 3 generous bedrooms with BRAND NEW CARPETING in each, huge cathedral windows offering tons of natural light throughout the day, a private balcony, a full bathroom and loads of closet space. The FINISHED IN-LAW SUITE is in the English Basement and offers a large living area, full kitchen, bathroom, a massive bedroom and its own dedicated laundry. This is a perfect arrangement for extended family and offers privacy with two separate entrances/exits. Currently the basement is a separate unit but can easily be re-connected to the main house. Ask LA for details. This property offers a full 2 car garage, is FRESHLY PAINTED & MOVE-IN READY! Recent Updates include Full House Painting (9/24), New Carpet (9/24), AC (2022), Sump Pump (2024), Downstairs W/D (2023), Smart Thermostat (2022), Garage Motor (2024). Nothing for you to do but Move in! Make it yours before the holidays! ***Special Homebuyer Financing available for this home via Citibank's HOMERUN Program offering a below market interest rate, no PMI, low downpayment and a large closing cost credit. Contact LA for details. OR if you're a Veteran, you can assume the VA loan on this home at a very low rate. Don't miss this opportunity!
Source: MRED #12198027
Interest rate and monthly payment estimated based on public records.
Source: MRED #12198027
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: #12198027
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.