6403 Ridgeview Dr, Huntley, IL 60142
3 beds · 3 baths · 2,177 sqft sqft
LOW TAXES IN TOP RATED SCHOOL DISTRICT HUNTLEY! Welcome to your own private and peaceful retreat on 1.2 acres in the very sought after Colleen's Cote in Huntley! This thoughtfully designed open floor plan features a spacious living room with bay window, custom shades and a stunning fireplace! The modern kitchen offers high end appliances including a double convection oven, granite countertops, travertine backsplash, and soft close cabinetry. Beautiful hickory floors can be found in the kitchen, dining room, main entry and upstairs hallway. Upstairs you will find 3 spacious bedrooms including a beautiful master bedroom featuring an en suite, walk-in closet and Juliet balcony perfect for watching the beautiful sunrise! The upstairs is completed by another full bathroom and large linen closet. On the lower level you will find a large family room with a woodburning stove and sliding doors to the outside multi-level deck. From the lower level you will find the staircase to the sub-basement offering plenty of storage, laundry and the potential to add more living space! The grand finale on this exquisite home is the amazing tree-lined backyard complete with mature landscaping, multi-level deck, and screened-in gazebo that backs up to the protected Pleasant Valley Nature Preserve. The possibilities for this yard are endless from family gatherings and bonfires to a garden and chickens! You can also enjoy fishing, kayaking, and paddle boarding with your lake rights in the Colleen's Cote Community. The neighborhood lake lot features a playground, fishing dock and plenty of space to relax and enjoy the area. Low taxes and the top rated Huntley School District 158 round out this dream home! (Carpet and Hardwood-2017, A/C-2015, Roof-2014, New Pump on Private Well-2020 New Fixtures-2023, Both Chimney Tucks and New Caps-2014, Refinished Fireplace with Custom Mantle-2023, Freshly Painted in Most Rooms- 2023, Furnace-2014, New Garage Door Openers- 2023)
Source: MRED #mrd12149894
Interest rate and monthly payment estimated based on public records.
Source: MRED #mrd12149894
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: #mrd12149894
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.