601 Whetstone Ln Mascoutah, IL 62258
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About this home
Welcome home to Stonemill Estates — one of Mascoutah’s most sought-after neighborhoods, just minutes from Scott Air Force Base. This one-owner ranch blends everyday main-floor living convenience with spaces designed to relax, gather, and grow. Step inside to be welcomed with soaring vaulted ceilings, filling the main living area with airy, natural light. The partial open-concept layout keeps the kitchen, dining, and living areas connected while still offering just enough separation for quiet moments. Picture mornings at the kitchen bar top, coffee in hand, chatting as breakfast sizzles on the stove. Stainless steel appliances and plenty of kitchen space make it easy to cook, host, or simply hang out at the end of the day. The primary suite was designed with intention — vaulted ceilings and a dimensional window wall add depth, light, and character.The spacious bath with double vanities, walk-in shower, and soaking tub to unwind, plus a spacious walk-in closet. Main-floor laundry means no more trips downstairs with overflowing baskets. Downstairs, the finished basement expands the home’s possibilities — a comfortable family room, bar area, guest bedroom with egress window, and full bath, with still enough storage space left over for the things you don’t use every day. Step out back and the scene shifts to open farmland — no rear neighbors, just peaceful views and room to breathe. The patio and pergola create an inviting space for summer dinners, football Sundays, or quiet mornings listening to the breeze. The freshly aerated and overseeded lawn means lush, green grass and easy upkeep ahead. Set on a quiet street with a two-car garage, this home fits the lifestyle Mascoutah is known for — welcoming, convenient, and built for connection. Schedule your private showing and see why homes in Stonemill Estates don’t stay on the market for long.
Source: MARIS #25073028
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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.
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