6104 N Kimball Ave, Chicago, IL 60659
3 beds · 4 baths · sqft
Welcome to this stunning 2,600 SQFT home in a prime location that's full of charm and surprises! Larger than it appears from the outside, this home is the perfect blend of modern updates and versatile living spaces. Highlights include: A newer roof and windows for peace of mind; Beautiful hardwood floors throughout; Central air for year-round comfort; An updated kitchen and bathrooms designed for style and convenience; Two laundry rooms for added functionality; A spacious 2-car garage. The Main Floor: Step into a bright and welcoming living room, perfect for gatherings. Enjoy meals in the formal dining room or cook up a storm in the sleek, updated kitchen featuring a center island and ample storage. The main level also boasts 3 generously sized bedrooms, 2 full bathrooms, and a laundry room for ultimate convenience. The Lower Level: The fully finished basement is a game changer! Featuring 3 additional bedrooms, 1.5 bathrooms, a second kitchen, and a combined living and dining area, it offers endless possibilities. With its separate entrance, this space is ideal for an in-law suite, rental opportunity, or additional family living. Prime Location: Nestled in the heart of Zipcode 60659, this home puts you just steps away from supermarkets, banks, restaurants, shopping centers, and more. Whether you're looking for your forever home or a fantastic investment opportunity, this gem has everything you need. Schedule your tour today and experience the lifestyle you deserve!
Source: MRED #12264375
Interest rate and monthly payment estimated based on public records.
Source: MRED #12264375
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: #12264375
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.