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Hi everyone. I searched and searched but could not find an answer on the forums.Is it possible to assign a contract for a house with a VA assumable loan, to another Veteran who is going to fill out the paperwork and t...
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I have a potential homebuyer a trust worthy friend that has great credit and income/assets etc. And with one of my properties im upside down in terms of value etc. Im on a interest only loan with no pre-payment penalt...
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Has anyone ran into the problem when assuming a VA loan where the mortgage company says you don't qualify because you are separating from the military even though you have a job lined up with a signed contract? I'm al...
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So I have an insane deal in front of me to simply assume the loan (at just under 4% and 23 years remaining) of a residential home on East Coast. It's a standard 3 BR/2 BTH, 3/4 Brick with 2 car garage, in a slightly d...
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I’m curious if anyone would have a recommendation for lenders that offer second mortgages in Texas. I’m interested in a property that is listed at 300k with an assumable mortgage with a payoff of 220. Does anyone know...
I'm finding some listings on a popular realtor mls listing site (not sure if I'm allowed to say which one here) that have a box on the listing which states "Assumable Mortgage" and has a "learn how" button, when I cl...
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Hello, I'm trying to buy a property to flip, and I've run into a roadblock. The owner wants to sell to me, and I'd like to assume her mortgage. Here's the scenario: she has 160k remaining balance, and she also has ...
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Hi,I have a seller that purchased a duplex using an fha loan in 2021 ($170,000 purchase), and lives in one unit. Currently selling for $270,000. Would I be able to assume the fha loan if my cost would cover approximat...
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If I buy a small business that includes real estate, it is possible to assume the existing loan (at a lower rate), and finance the additional amount up to asking on a second position mortgage? I am talking about SBA l...
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We're selling a 5bed/5bath in Fredericksburg, TX. I checked our contract last week and realized our 2.75% mortgage can be assumed by a buyer, which seems like a huge differentiator to me in this market.Our real estate...