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Updated over 2 years ago,

William Coet's profile image
William Coet's profile image
William Coet
  • from Lititz, Pennsylvania
  • Member since May 7, 2013
Connect

User Stats

578
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268
Votes
William Coet's profile image
William Coet's profile image
William Coet
  • from Lititz, Pennsylvania
  • Member since May 7, 2013
Connect
William Coet
  • Lititz, PA
268
Votes |
578
Posts
Buying & Selling Real Estate

Is There a Strategy To Get Bank To Allow Mortgage Assumption?

William Coet
  • Lititz, PA
Posted

The seller has a rate of ~4% and we are being quoted 8%.  Is there any way a bank will allow a mortgage to be assumed?  Initially they said no, but can a "higher-up" approve it?  Are there any strategies to make it happen?

Thank you

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