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Updated 9 months ago on . Most recent reply

Bob Asad's profile image
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Bob Asad
  • Member since May 20, 2024
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61
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Bob Asad's profile image
Bob Asad's profile image
Bob Asad
  • Member since May 20, 2024
Connect
Bob Asad
23
Votes |
61
Posts
General Real Estate Investing

How Can You Assume a Mortgage for Conventional Loan?

Bob Asad
Posted

Is there a way to assume a mortgage with an interest of less than 4% from a seller with a conventional loan?

Anyone able to have success with this?

The issues with assumable mortgages is that they are for FHA, VA, and USDA. You also need to live there, so it cannot be an investment.

Is this possible for conventional loans, and if so, how?

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