6640 Linden Trl Apt D # D, Wonder Lake, IL 60097
3 beds · 3 baths · 1,756 sqft sqft
Just like new-construction townhome, but ready now. This home already has a newer higher-end refrigerator and water softener. Life has changed and seller is moving, so here is your chance to move to Stonewater without having to wait! The Garfield's open design offers 3 bedrooms, 2.5 baths, 2-car garage and a finished lower level bonus room- perfect for the home office, play room or 2nd family room. The big center island is the focal point of the main living area- a great place to entertain! The kitchen features Classic White cabinetry, stainless steel appliances and a stunning quartz counter top! Upstairs you will find a convenient laundry area! The Primary Suite features a private bath with raised vanity, dual sinks and a walk-in closet. The generous Secondary bedrooms, and hall bath complete the upper level. On the lower level, you will find a finished bonus room and -2-car garage. You will never be too far from home with Home Is Connected. (SM) Your new home is built with an industry-leading suite of smart home products that keep you connected with the people and place you value most. The neighborhood has a clubhouse and features 11 miles of nature paths, 142 acres of lakes and streams, and a commitment to preserving Historic American Heritage by growing 29 varieties of American Heritage Certified Trees. NO SSA
Source: MRED #mrd12171860
Interest rate and monthly payment estimated based on public records.
Source: MRED #mrd12171860
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #mrd12171860