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Updated almost 6 years ago on . Most recent reply

Nate Castle's profile image
Nate Castle's profile image
Nate Castle
  • from Wasilla, Alaska
  • Member since May 29, 2018
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Nate Castle's profile image
Nate Castle's profile image
Nate Castle
  • from Wasilla, Alaska
  • Member since May 29, 2018
Connect
Nate Castle
  • Wasilla, AK
3
Votes |
57
Posts
Creative Real Estate Financing

How can I get a second mortgage with an assumption.

Nate Castle
  • Wasilla, AK
Posted
I am looking assuming a loan on a property that is listed at $285k. The owner will allow me to assume the existing loan of $150k. Besides owner financing the remaining amount, how can I get a second mortgage to cover the remaining $135k? Will a bank do this? Thanks.
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