625 Eichler Dr, West Dundee, IL 60118
4 beds · 3 baths · 1,994 sqft
WELCOME TO THIS STUNNING UPDATED HOME LOCATED IN THE CHARMING COMMUNITY OF THE HIGHLANDS IN WEST DUNDEE!! AMAZING CURB APPEAL!! PROFESSIONALLY LANDSCAPED!! HOME FEATURES AN OPEN FLOOR PLAN WITH MODERN UPDATES THROUGHOUT. THE LIVING ROOM OFFERS PLENTY OF NATURAL SUNLIGHT, CANNED LIGHTING AND ELECTRIC FIREPLACE. FORMAL DINING AREA W/ GLEAMING HARDWOOD FLOORS THAT LEADS TO YOUR BACK YARD OASIS. KITCHEN HAS 2YR OLD SS APPLIANCES AND A BREAKFAST BAR FOR EXTRA DINING SPACE. ALL BEDROOMS ARE OF CONSIDERABLE SIZE. PRIMARY BEDROOM HAS ITS OWN HALF BATH. LIGHT AND BRIGHT HALLWAY BATH W/ SOAKING TUB. PLENTY OF ROOM FOR ENTERTAINING IN THE LARGE BASEMENT. ANOTHER FULL BATH ON THIS LEVEL W/ STAND UP SHOWER AND BEAUTIFUL STONE SURROUND. HUGE NEWLEY FENCED IN BACKYARD WITH AN OVERSIZED DOUBLE DECK W/ STORAGE UNDERNEATH. 2 NEW SHEDS THAT STAY WITH THE HOME. SMALL POND, FIRE PIT, AND GARDEN AREA, THIS BACK YARD HAS IT ALL! JUST ADD YOUR OWN POOL! RECENT UPDATES INCLUDE: 2024 EXTERIOR AND INTERIOR FRESH PAINT, CARPET CLEANING, ALL NEW INTERIOR DOORS ON THE MAIN LEVEL, SS UTILITY SINK IN LAUNDRY ROOM. 2YRS SS APPLIANCES, LIGHT FIXTURES, SHEDS. 2020 NEW WOOD FENCE. NEWER WINDOWS. TECHO KEYLESS FRONT DOOR ENTRY, WYZE DOORBELL CAMERA. CLOSE TO DUNDEE HIGHLANDS ELEMENTARY, HISTORIC DOWNTOWN WEST DUNDEE, I90, SOUTH END PARK, FOX RIVER BIKE TRAIL. DON'T MISS THIS OPPORTUNITY TO MAKE THIS HOME YOURS!!
Source: MRED #mrd12174470
Source: MRED #mrd12174470
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: #mrd12174470
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.