Beautifully designed home in the heart of Bridgeview, where modern elegance meets everyday convenience and quality craftsmanship. With 4 bedrooms, 3.1 baths, and nearly 3,000 sq ft of living space, this spacious two-story home offers a dedicated main-level office, full unfinished basement, and refined finishes throughout. The heart of the home is the sunlit living area, centered around a custom-framed fireplace, flowing effortlessly into a designer kitchen with quartz countertops, oversized island, and a full-size pantry cabinet. Retreat to the luxurious primary suite upstairs, complete with a spa-like bath with double vanity, stand-alone tub, separate shower, and walk-in closet - while the 2nd bedroom ensuite offers privacy and convenience. The additional 3rd bedroom on this level caters to family or guests, and an extra large 4th bedroom that offers flexibility as a playroom, office, or additional living space. A conveniently located laundry room thoughtfully completes the upper level with side-by-side washer and dryer, a utility sink, and custom cabinets. A custom built-in mudroom with classic wainscoting and added storage sits just off the attached two-car garage, offering everyday functionality. The full unfinished basement has incredible value-add potential, with 8-foot ceilings and plumbing rough-in for a future bathroom already in place. With a public park just beyond your fence line - complete with direct gate access - outdoor play and evening walks feel like a natural extension of your backyard. Close proximity to shopping and dining at Hickory Hills Plaza, convenient access to I-294 and I-55, and Chicago Midway International Airport - this home is perfect for those who appreciate both comfort and accessibility.
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
