Owner Financing: Taking over the loan-Simple assumption

[Alvaro Briceno]

Anyone experience in taking over a seller's existing loan? I read that in some cases depending on the date the loan was created that FHA and VA loans you do not have to qualify but in most cases you do. I know you can just take over a loan by negotiating with the seller but lets say I have a buyer who likes the terms and rates the seller has and rather do it through the bank. Would the bank approach this buyer I have with the same criteria as they would with any other buyer wanting a loan? Would the bank be ok with me being in the middle and assigning it to the buyer at a higher price?