The backyard everyone dreams about! Situated on a premium 0.53-acre cul-de-sac lot in the heart of Naperville, this home offers the largest backyard in Maplebrook II. From the moment you arrive, you'll appreciate the charming curb appeal, featuring painted brick, a brick paver walkway, and a welcoming covered front porch. Designed for both everyday living and entertaining, the expansive backyard is truly a standout. Enjoy summer evenings on the brick paver patio beneath the pavilion with built-in lighting, gather around the firepit with friends, or shoot hoops on your private sports court. This incredible outdoor space offers endless opportunities to relax, play, and entertain. Inside, a thoughtfully designed addition created the open-concept layout today's buyers are looking for. The chef's kitchen is the heart of the home, featuring double ovens, a high-performance hood vent, oversized island with seating, two powered appliance garages, dual pantries with rollout drawers, coffee bar, dual-temperature wine cooler, and generous table space. The adjoining family room offers a warm and inviting gathering space centered around a gas fireplace, while dual oversized sliding doors seamlessly connect indoor and outdoor living. The dining room is ideally situated on the other side of the kitchen for more formal gatherings and features a beautiful bay window overlooking the backyard. An oversized living room with tons of natural light offers exceptional flexibility, with plenty of space for an additional TV area, sitting room, playroom, home office, or any combination that suits your lifestyle. Upstairs, you'll find four spacious bedrooms with recently refinished hardwood floors, including a primary suite with private ensuite bath. The finished basement provides additional living space, a dedicated laundry area, and abundant storage with a crawl space. This home truly checks every box with exceptional indoor and outdoor living spaces, thoughtful updates, and an unbeatable location. Walk to Maplebrook Elementary, Lincoln Junior High, and the Maplebrook II Swim & Racquet Club (optional membership). Enjoy a vibrant community with a voluntary HOA that hosts several neighborhood events throughout the year.
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.
