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Updated almost 2 years ago,

Tanner Pettet's profile image
Tanner Pettet's profile image
Tanner Pettet
  • Member since Nov 19, 2018
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Tanner Pettet's profile image
Tanner Pettet's profile image
Tanner Pettet
  • Member since Nov 19, 2018
Connect
Tanner Pettet
4
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3
Posts
Creative Real Estate Financing

FHA Assumable Mortgage

Tanner Pettet
Posted

How does an FHA assumable loan work? Do the new buyers have qualify under all of the FHA guidelines? We recently bought a duplex house hack and are thinking about selling it. We got an appraisal for $315k a couple months ago but in todays market might not sell for that much. The only positive side to someone wanting to assume our mortgage is our interest rate of 4.45.

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