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Brian Hansen
4
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2
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Assumable mortgages for investment properties

Brian Hansen
Posted

I found a property that has a conventional loan on it by seller (definitely not FHA/VA). They are claiming this conventional loan can be assumed by the buyer and have paperwork from the bank to start the process.


Has anyone ever seen this or gone through on completion to be able to assume the loan/rate of the seller while also having property not owner occupied?