912 Wildwood Dr, Pingree Grove, IL 60140
4 beds · 3 baths · sqft
It's a Tuscan!!! The most popular model in Cambridge Lakes. This open floor plan home offers so many features! Upgraded Elevation with Full Front Porch! ALL the privacy you would want with the Water View in the back! No neighbors behind! Inside you will be impressed with the Architectural detailing such as arched hallways and designer cabinets that set this home apart from the rest. Main level Den featuring French doors is ideal for a home office, playroom, or additional living space. Formal Dining Room just off the foyer. Another favorite is a large kitchen offering Center Island, Peninsula with Breakfast Bar, White cabinets with crown molding, ALL Stainless Steel Appliances & a Walk-In Pantry! Eating Area adjacent to Kitchen overlooks the beautiful backyard view as well as the Large 2 Story Family Room. 2 Story Windows in the family room bring in abundance of natural light and offer tranquil water views in the back yard. Classic Oak Staircase leads you upstairs to a Large Master Bedroom with a Walk-In Closet! Master Bathroom completes the Suite with Double Sink Vanity, Soaking Tub & Separate Shower! Spacious 2nd, 3rd Bedrooms offer Walk-In Closets. 4th Bedroom is currently used a s playroom. Hall Bathroom with a Double Vanity and a tub/shower combo. Full Basement offers so many possibilities and is ready for your finishing touches. Located on a dead end street, with minimal traffic making. In Cambridge Lakes, just a short walk to the park and baseball fields, you'll also benefit from an array of fantastic community amenities: Cambridge Lakes Charter School, Community Center, Adult fitness classes, Pickleball, Kids' sports and dance programs, Well-equipped gym, Basketball court, Outdoor pool and splash pad, Bike and walking trails, Baseball fields and skate park, community parks, ponds, fishing, and kayaking Ready to see it for yourself? Schedule your tour today!
Source: MRED #12212703
Interest rate and monthly payment estimated based on public records.
Source: MRED #12212703
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #12212703
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.