9158 S Eggleston Ave, Chicago, IL 60620
3 beds · 2 baths · 3,125 sqft
In the heart of Chicago's bustling streets, where the rhythm of life pulses through every brick and window, there exists a house-a sanctuary of memories and whispered promises. 9158 S Eggleston Ave stands proud, its facade a testament to love, care, and thoughtful upgrades. A Symphony of Comfort: A/C (2023)Furnace (2023) Roof (2022), Water Heater (2012). New Landscaping: The front and side of the house. Ceiling Fans: In the living and dining room are brand new. Basement Floors: Transformed into plank hardwood with a lovely clear seal to keep the floors looking brand new for yreas, the basement now hosts stories and fun entertainment. Vinyl Wood Plank Flooring: in main living area, hallway, and stairs boast this modern touch. Bedrooms have carpet for those mornings to wake up and step onto a warm soft floor. Guardians of Safety: With the home come the ADT Alarm System: Watchful eyes with 360-degree cameras in the front and back of the home, along with 2 doorbell ring cameras-security and peace of mind. The house stands protected, a fortress against the world's uncertainties. New Bars on the Windows: Safety meets elegance. The bars blend seamlessly, a subtle guardian. Garage Door Opener: Brand new and is a seamless entry into the two-car garage. Along with a small garage door that faces the back of the home to open up for more entertainment in the backyard. A few Bathroom Windows: Soon to be replaced. The Final Brushstroke: In the next few days, the entire walls-will be freshly painted. And here's the secret: If you dare to dream, the seller is willing to part with more than just walls. TVs, furniture, etc -the essence of a home-is yours for the asking in your offer. Make 9158 S Eggleston Ave your own. Schedule a private viewing today.
Source: MRED #mrd12175900
Source: MRED #mrd12175900
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: #mrd12175900
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.