72 Heather Glen Dr Unit 72 Aurora, IL 60504
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About this home
Bright & Inviting 2 Bed, 1.5 Bath Townhome in Aurora! Welcome to this charming and well-maintained townhome with a private entrance and open-concept layout. The main level features stylish wood laminate flooring and a spacious living room with a cozy accent nook-perfect for your entertainment setup. The large eat-in kitchen offers abundant cabinet and counter space, plus a roomy dining area ideal for hosting. Just off the kitchen, you'll find a convenient laundry area with additional storage and direct access to the attached 1-car garage. A main floor powder room adds extra everyday convenience. Upstairs, enjoy two generously sized bedrooms, including a primary suite with a large walk-in closet. The full bath is well-appointed and shared between the bedrooms. Step outside to the covered back patio-a peaceful, private spot to relax or entertain. Located in the highly sought-after District 204 and just minutes from I-88, shopping, dining, and entertainment. A move-in-ready home offering comfort, convenience, and value-don't miss this opportunity!
Source: MRED #12498053
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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.