44 E Charles Dr, Northlake, IL 60164
4 beds · 3 baths · 2,600 sqft sqft
Discover modern luxury and timeless elegance in this fully renovated three-story home at 44 E. Charles Dr., Northlake, IL. With 4 bedrooms and 3 full bathrooms, this home has undergone a complete transformation, inside and out. The newly installed siding and roofing extend to the large detached garage, offering front and rear doors for easy access and storage. The master suite occupies the entire top floor, featuring a stunning bathroom with marble tiling, a rainfall shower, a heated jacuzzi, and a small electric fireplace for added relaxation. Heated floors and a walk-in closet complete the master retreat, while the spacious bedroom offers ample natural light and a personalized accent wall. The main floor boasts three generously sized bedrooms and another marble-tiled full bathroom. Throughout, luxury fixtures elevate the design, including premium basins, hardware, and toilets. The open-concept kitchen shines with white and espresso shaker cabinetry, quartz countertops, a Viking range, and a large island perfect for entertaining. This space flows seamlessly into the dining and living areas, where an accent wall and electric fireplace set the mood. Head down the oak wood stairs to a fully finished basement with waterproof vinyl flooring, a workout room, a third bathroom, a second living area, and a finished laundry room complete with storage and a granite folding table. With recessed and modern lighting throughout, this home combines beauty and function, making it perfect for families. Located in a convenient, family-friendly neighborhood with schools nearby, 44 E. Charles Dr. is truly the best house on the block!
Source: MRED #mrd12194418
Interest rate and monthly payment estimated based on public records.
Source: MRED #mrd12194418
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #mrd12194418
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.