46 Parkshores Dr Bloomington, IL 61701
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About this home
From soaring vaulted ceilings to a professionally installed, leased and warranted solar system (2022), this home offers comfort, functionality, and long-term energy savings. The leased solar system (2022) offers the potential for long-term savings and environmental benefits. Step into the open-concept living area, anchored by a custom entertainment center and cozy wood-burning fireplace with gas starter, perfect for relaxing evenings or entertaining guests. You'll love tree and lake views from the second-story deck that you can enjoy from the main living space as it flows effortlessly into a bright kitchen with a pantry, and some newer appliances (Refrigerator 2019, Dishwasher 2023), and dining area, making it easy to host or unwind. The main floor primary bedroom features a walk-in closet and private bath with double sinks, while the second main floor bedroom offers a charming window seat, double closet, and plenty of natural light. Both full bathrooms on the main floor have been updated for comfort and accessibility, including comfort height toilets. Downstairs, you'll find a versatile third bedroom or second living space, complete with a half bath and closet, and an upgraded slider to the patio with encased blinds. This flexible area is ideal for guests, a home office, gym, or media room. Additional updates include: Fresh Paint in Living Areas and Primary Suite (2025), Some NEW Lighting Fixtures (2025), New windows (2016), Flooring throughout (2016), Deck rebuilt (2017), New bedroom ceiling fans (2025), Garage shelving and storage wall (2024), Exterior Lighting (2025) The HVAC (2019) system is serviced annually by Proair (October 2025) - and heating/cooling is managed by an Ecobee smart thermostat. All major appliances stay - including washer, dryer, fridge, stove, and dishwasher - making your move-in easy and stress-free. Unit #5 Schools | No Homeowner's Association dues or requirements This home combines classic features, thoughtful updates, and flexible space to meet your lifestyle needs with PREDICTABLE ENERGY COSTS and a LOCATION that can't be beat! Schedule your showing today!
Source: MRED #12451294
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FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.