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Updated over 7 years ago,

User Stats

450
Posts
270
Votes
Chris Eaker
  • Buy and Hold Investor
  • Knoxville, TN
270
Votes |
450
Posts

Do Freddie Mac Reserves Transfer After an Assumption?

Chris Eaker
  • Buy and Hold Investor
  • Knoxville, TN
Posted

When a new buyer assumes a Freddie Mac loan on an apartment complex, do the current reserves transfer with the loan to the new buyer/borrower? If so, is it automatic, or does the buyer need to negotiate that into the purchase contract?

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