446 E 95th St, Chicago, IL 60619
3 beds · 2 baths · 1,160 sqft
Home is where the heart is! Trust and believe that when you walk into this beautiful home you will fall in love! This beauty was fully rehabbed in 2020 and it boasts three bedrooms, two bathrooms, an open concept floor plan, a full basement, cathedral ceilings and more! When you walk through the front door you will be in awe with the vaulted, cathedral ceilings. Then you won't know where to look next because everything is show stopping! You will see an open concept kitchen with 42 inch cabinets, stainless steel appliances, a marble island and a breakfast bar! You will be absolutely delighted to find a built in wine cooler as well! This kitchen has so many amazing amenities! The combined living room area has such an open concept that you can put your own twist when decorating, then you can head into the family room and find an electric fireplace with display lights! As you go upstairs you will find three bedrooms and a newly designed bathroom with beautiful accents of black throughout. As you walk into the basement you'll love the bar and open space for entertaining, relaxing, and family time. The laundry room is off to the side and out of the way, and the second bathroom is nicely updated with modern finishes. Lastly, as you exit into the backyard you will find a two car garage, and plenty of yard space with ample room to accommodate your loved ones with the nice weather approaching. This home has so much to offer, but to get the full experience you'll have to see it in person. Schedule your tour today!
Source: MRED #mrd11997920
Source: MRED #mrd11997920
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: #mrd11997920
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.