5741 Lake Pointe Dr, Plainfield, IL 60586
2 beds · 3 baths · 1,100 sqft
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Welcome to this beautifully updated 3-bedroom, 2.5-bathroom home located in the highly sought-after Wesmere Pointe subdivision in Plainfield! Nestled on a prime corner lot, this modern built home is flooded with natural light as it faces west to enjoy those photogenic afternoon sunsets. As you step inside, you'll immediately notice the fresh paint throughout and the elegant newer vinyl flooring, providing a modern and cohesive look. The touches of wood and pops of metal and color bring a sense of contemporary flair to this home. The kitchen has been well kept and refreshed featuring quartz countertops, dark SS appliances and plenty of extra storage and shelving for storage. The open concept living room boast a cozy fireplace, perfect for chilly evenings, while the breakfast nook/ dining room offer inviting spaces for family meals or morning coffee. Upstairs, the generously sized bedrooms provide plenty of space for rest and relaxation, while the primary suite features an en-suite shared bath for added convenience and great floor to ceiling closet space. The half bath is located just off the living room for easy guest access as well as a complete set of laundry. As you may your way to the lower level you will find the third bedroom with it's own personal roomy full bath and a great size walk in closet. This space can also be an additional family room or in law living too. Summer is around the corner and a perfect time to enjoy the brand-new concrete patio and fully fenced back yard overlooking a local pond. Located in Plainfield District 202, this home is part of an excellent school district, making it an ideal choice for families. Additionally, as part of the Wesmere Pointe HOA, residents have access to top-tier amenities, including a swimming pool, clubhouse, and beautifully maintained common areas-offering a true sense of community and resort-style living. With its prime location, modern updates, and access to fantastic amenities, this home is a true gem. Don't miss your chance to own this move-in-ready beauty! Schedule your showing today!
Source: MRED #12321857
All values shown are estimated costs / mo.
Source: Public records
Source: MRED #12321857
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.