I am looking at assuming a mortgage. The house is not on the market but in a very good area. The owner owes 87k; they paid about 97k for the home. The home needs about 5k worth of work put into it. It has new hvac, ne...

Hello there everyone!I have an opportunity to assume a mortgage, when i buy the company that im looking at! The current owner has just turned 73, has battled cancer and doesnt want the bank to take it back!! And he wa...

For reasons that makes less sense now, we bought a few properties in her name only (deed & mortgage) but split all costs. Now we're divorcing and splitting the properties. As I'm not on any mortgages currently, ...

Just found out that assumable loans are a thing for VA loans. My next military assignment is to Del Rio TX and I'd like to get take advantage of the assumable loan. But despite it being a small town with a proportiona...

First, no condolences or sorry for your losses, I'm full.
Second, details.
The house is a few doors down from my mother. My Dad bought it to rent out and in the last few years, barely hung onto it and let it deteri...

How can you find out if an existing mortgage is assumable?
Do I need the seller to provide me with the mortgage documents and have a lawyer review?

So I have a slightly unique situation (At least I think it is) but I recently assumed an FHA mortgage. The mortgage started 2 years ago before I assumed it and obviously the seller met the owner-occupied requirement b...

A lot of folks are talking about assumable mortgages ... 
- USDA, FHA and VA loans allow for a buyer to purchase from a seller, and the loan be transferred to the new owner. While this sounds like a win, the number o...

Hey all, I have a client that's looking to scale his portfolio and we're looking at Assumable Loans here in San Antonio. When researching online, it looks there are some instances where non-vets can assume VA loans, b...