642 Camellia Ct, Aurora, IL 60505
3 beds · 3 baths · 2,200 sqft
FHA APPROVED AND ENCOURAGED! Flexible seller - willing to offer credit toward interest rate buydown or buyer closing costs. 642 Camellia Ct - A Home of Possibilities, A Canvas for Your Vision There are houses, and then there are homes that invite you to dream. 642 Camellia Ct is the latter-a 3-bedroom, 2.5-bath haven, built in 2019, designed to be beautiful in its simplicity, yet full of untapped potential. Step inside, and you'll find a space that was thoughtfully kept classic and inviting, allowing you to bring your own style, your own vision, your own story. The kitchen seamlessly flows into the main living area, making it ideal for entertaining, quiet nights in, or whatever adventure the day calls for. Upstairs, the primary suite is a retreat, while the additional bedrooms offer flexibility for guests, work, or creativity. But what truly sets this home apart? The space. The land. The opportunity. Sitting on a sprawling 0.39-acre lot, this property is a rare find-a blank canvas where you can build the backyard oasis of your dreams. Whether it's a lush garden, a fire pit for long summer nights, or a play area for the kids, the possibilities are endless. Practicality hasn't been overlooked. A 2-car garage offers convenience, while the half basement and super dry crawl space provide ample storage-because let's face it, we all need a place to keep life's treasures, or at least the holiday decorations. And then there's the location-a dream for those who value both convenience and comfort. Minutes from Westfield Fox Valley Mall, major highways, and Metra stations, commuting is effortless, shopping is at your fingertips, and dining options are aplenty. All Things considered, all offers will be considered! A house is just four walls and a roof. A home, however... that's entirely up to you.
Source: MRED #12304053
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: MRED #12304053
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.