805 Kimberly Ln, Crystal Lake, IL 60014
2 beds · 3 baths · 1,949 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Perfect For Nature Lovers! Fabulously Upgraded, Low Maintenance 1/2 Duplex With All The Bells And Whistles! QUIET, PRIVATE ROAD WITH NO THROUGH TRAFFIC, Really Nice Cul De Sac, And Amazing HUGE Wooded Back Yard(yes, you own the land here!) Graced W/ Majestic Tall Oak Trees (Hence The Name Of The Subdivision!). TWO Master Bedrooms With En Suites, Plus A Loft. All new or newer lighting, newer luxury vinyl plank throughout first floor. Full Unfinished Basement With High Ceilings. Newer Carpeting, New hot water heater, REMODELED BATHS And Fantastic Kitchen With 42' Cabinets, granite, top of the line SS appliances, new backsplash & remodeled w/ a cut-out to the DR. Spacious Loft Has Two Skylights And Opens To TWO STORY living room Below! Huge Dining Room. Quality Brick and Vinyl Exterior, Concrete Driveway. Enjoy The Privacy And Abundant Wildlife From Your Beautiful SCREENED IN PORCH. Private Lot Backs To Conservancy. Rare Opportunity In This Desirable Lovely, SMALL Community Of Only 8 Homes! Convenient Location Close To Parks, Schools, Town, Metra Stations, Randall Road Corridor, And Interstate 90 For Easy Commutes.
Source: MRED #12290466
Source: MRED #12290466
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.