9466 W Pines Rd Polo, IL 61064
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About this home
Solar-powered serenity on 4 acres-your rural reset starts here. Where wide-open skies meet thoughtful updates and everyday comfort, this 3-bedroom, 2-bath ranch offers approximately 2,017 square feet of all main-floor living and a lifestyle of privacy, sustainability, and space to grow. The kitchen was updated in 2020 with stainless steel appliances, an island, and generous counter space. New flooring was installed in the kitchen, living room, and hallways in 2021, and the full bath was refreshed in 2024 with a modern layout and soaker tub. The private primary suite features his-and-hers closets and direct access to the expansive deck-perfect for enjoying quiet mornings or sunset views. A combined laundry and bath adds convenience, and most guests enter through the side door into the heart of the home. A small four-seasons porch welcomes visitors at the front entry and offers a cozy spot for year-round relaxation. Outside, multiple outbuildings-most with electric-include a large barn and a versatile utility building ideal for workshop, hobby, or storage use. The property is zoned AG, offering flexibility for gardening, livestock, or hobby farming. Leased solar panels, mounted on the utility building, provide energy savings from day one with no upfront cost to the buyer-monthly lease payments are already in place and transfer with the home. Recent mechanical updates to the home-including a 2022 water heater and a 2025 well pressure tank-add long-term confidence and efficiency. Whether you're seeking a sustainable homestead, a quiet retreat, or a place to spread out and create, this property offers space, potential, and lasting value-just minutes from town.
Source: MRED #12428198
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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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