714 Four Seasons Blvd, Aurora, IL 60504
2 beds · 3 baths · 1,288 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Wake up and enjoy your morning coffee on the charming front porch, where you'll overlook a beautifully landscaped park-no street traffic, just peace and quiet. Inside, you're welcomed by stylish bamboo flooring and thoughtful, on-trend touches throughout. The spacious living room flows seamlessly into an open-concept kitchen, complete with generous counter space, warm maple cabinetry, a convenient planning/work desk, a pantry, and a sunny dining area with sliding doors that open to the private back patio-perfect for relaxing or entertaining. Also on the main floor, you'll find a powder room, laundry area, and access to the attached 2-car garage. Upstairs, a versatile loft offers endless possibilities-home office, second living room, craft space, homework zone, or even a potential third bedroom. The primary suite features its own private bath and a generous walk-in closet, creating a true retreat. Best of all, this home offers the benefits of single-family living-without the hassle. Exterior maintenance, lawn care, and snow removal are all taken care of for you. Located just two blocks from the elementary school and close to the Town Square-home to community events, the post office, and a daycare-this is where comfort meets convenience.
Source: MRED #12343491
Source: MRED #12343491
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 and Equal Opportunity Act.