Anyone assume a Fannie or Freddie loan?
Can you tell a little bit about your experience
Hey Bigger pockets!
I'm trying to save a veteran from foreclosure. She is 8grand behind on payments. The total amount due is 55,094.74, ARV 110k. Does anyone have experience with talking to banks to stop the proces...
I have a question, I know someone who is currently on a rent to own, they are looking to move somewhere else, how would I go about acquiring this property?Could I assume their contract?Not sure what my options are.Tha...
Greetings, BP community. We have a potential seller that has an existing Chase Mortgage that wants to sell her "extra house." I saw "assume" show up somewhere on the Chase Mortgage website, and got the idea stuck i...
Hello, My wife and I were looking to sell our duplex near Kansas City, MO. We bought it with an fha loan at 4.65 interest rate and we’re looking to sell. Due to the higher interest rates we were maybe looking to have ...
Hello All,Does anyone have experience assuming another investor's loan? Basically a Buyer will take over the loan at the same interest or higher interest rate, and then pay the difference.What risks are to the Seller ...
I have a home that is currently worth about $500k. It has an assumable VA loan at 3.25%. Does the assumable loan at such a low rate make the property more valuable?
I am looking to purchase a house. It is $255,000. the amount the sellers owe left is assumable fha loan and is $186000 at 2.875% . I would have to come up with the rest in cash. Would I be able to rent the house out a...
I found a property that has a non-qualifing assumable VA mortgage.
This might be a stupid question but I will ask it anyways.
Can I buy the property without meeting the current Fannie MAE/MAC guidelines for homes ...
Just out of curiosity - has anyone heard of lenders declining new borrowers for assumable loans, even with strong qualifications? Interested in a property in which agent is saying lender is not approving any borrowers...