906 Gillespie Ln, Yorkville, IL 60560
3 beds · 3 baths · 2,417 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to 906 Gillespie Lane, a BETTER than new townhome built in 2021. Builder no longer offers a walkout BASEMENT! All builder-grade finishes have been upgraded, including brand new carpet throughout to create a truly refined living experience. Located in the exclusive Towns of Kendall Marketplace, offering a serene setting with a vinyl fenced backyard that backs to a tranquil pond. Step inside to an open-concept floor plan, where a gorgeous kitchen takes center stage, featuring upgraded gray cabinetry, premium granite countertops, a large breakfast bar island, and stainless-steel appliances. The kitchen flows seamlessly into a spacious living area, perfect for both entertaining and everyday living. Upstairs, the primary suite is a private retreat, complete with a walk-in closet and an ensuite bathroom featuring dual sinks and a separate shower. A versatile loft space, two additional bedrooms, a newly updated hall bath with a soaker tub, custom tile surround, and a convenient second-floor laundry room complete the upper level. Newly finished(2025) WALKOUT basement with full bathroom with tub, offers endless entertaining ideas. Set in a sought-after community, this exceptional townhome offers the perfect combination of luxury, comfort, and convenience, just minutes from top-rated schools, shopping, and dining.
Source: MRED #12324764
Source: MRED #12324764
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.