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Updated 7 months ago on . Most recent reply
Has anyone tried out Roam (Assumable mortgage startup)
Has anyone used or had a conversation with Roam (withroam.com). Interesting concept on the assumable mortgage front. I'd be curious about your experience.
Most Popular Reply
#CFBP will surely be fining this app in time. There are CFBP posters on BP even.
It's illegal to advertise mortgage rates without a license any state. Advertisement from website - no APR no NMLS licenses. The app cannot guarantee a consumer is going to get this low rate. #scam
The app has zero secret sauce as to what property has an assumable loan, they just look for any prior VA or FHA mortgage recorded which doesn't mean seller will cooperate. With buyer side commissions attacked - legal cases: Burnett, Moehrl and Nosalek I don't see how a selling agent is going to give away commissions to an out of state Realtor.
If any serious person wants a list of properties with VA or FHA assumable loans in a city or location, I'll give them to you for FREE. This information is public records. No guarantee the seller will take your offer, no guarantee you can qualify for the assumption. Don't burn hundred dollar bills.