9145 S PLEASANT AVE, Chicago, IL 60643
Welcome to this timeless brick and stone traditional home located in a prime North Beverly location. 5 bedrooms, 4 baths of space and luxury accommodation for the whole family. On the first floor, you're greeted by the family room and a formal dining room directly from the open foyer, perfect for hosting dinner parties and holiday celebrations. The first-floor bedrooms provide convenience and flexibility for guests, a home office, or a playroom. Enter the modern kitchen complete with sleek granite counters, top-of-the-line stainless steel appliances, and rich cherry-wood cabinetry. It even comes complete with separate HVAC systems-upstairs and down-for optimal comfort and energy efficiency all year long. Hardwood floors move throughout the residence to add both warmth and elegance. The living room comes complete with a warm fireplace, ideal for relaxed evenings. Outside, find a three-car garage and a long side drive, complete with a beautiful rear deck for outdoor entertaining. The huge backyard is an outdoor activity and relaxation paradise, featuring a bonus area on the side of it that offers extra space for gardening or play. Picture the basement as a massive recreation room-ideal for family gatherings, game nights, or even a personal gym. Located on a pretty and quiet street, this home feels like an oasis away from it all but is just minutes to so much. Easy access to multiple shopping options along Western Ave. and the 95th St. business corridor. A few blocks away from the top-rated Kellogg Elementary School and plentiful shopping at Evergreen Plaza, Sam's Club, Jewel-Osco, Mariano's, and Whole Foods. Participate in recreational activities at The Beverly Hills Tennis Club, Ridge Park, Beverly Arts Center, and much more. In great shape, but sold strictly as-is.
You may be able to put down less than the total down payment amount of $337,687 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #mrd12118601