To lead as a directory, and honor the assumable mortgage strategy. To inspire more guidance for affordable home ownership while safeguarding seller interest.
LET SOMEONE ELSE DO THE WORK
Whether its learning how to assume a mortgage with a low interest rate and shorter payment term, learning how to sell without exposing your credit & taxes, or learning how to protect both seller and buyer interest, a licensed facilitator will cover it.
Licensed Facilitations resolve the hardest part: locating properties within your criteria and coordinating the first part of the assumption process.
Combined with individual attention our philosophy is based on trust, experience, and reputation. Every client matters. BECOME ONE OF OUR LICENSED FACILITATORS
Use our free "Estimate your mortgage value" tool. This will help you determine how much your loan is worth and how much savings it will bring to your buyer.
ADVERTISE YOUR MORTGAGE PAYMENT
Take 5 pictures and post your loan details in our national directory. It only takes 5 minutes.
RESPOND TO BUYER INTEREST
You control the speed and method in which a buyer can contact you. Quick responses have the best success. Discuss their interest and share more information.
VERBALLY AGREE TO PROCEED
While this is a non binding task, it will prompt you to begin the assumption process with your lender.
ORDER AN ASSUMPTION PACKAGE
Dial your lender to order a "Assumption Package". It's your legal right. Most lenders are able to mail this to you in just a few weeks.
ANALYZE THE ASSUMPTION PACKAGE
Make sure it includes "full release of liability details" for the seller. Then follow the lenders instructions with the buyer.
EXPECT 30 DAYS
Once you and the buyer complete the lenders instructions, expect 30 days for them to complete your request. It is wise to confirm the lender has received and is satisfying the request. Some lenders may specify the amount of time needed.
KEEP YOUR RELEASE OF LIABILITY LETTER
Your lender will send a full release of liability letter to you once everything is processed and the loan transfer is complete.
Meet & Agree
Save Your Docs
Earn just as much as you would in a traditional sale. We can teach you how.
Agents have a responsibility to protect the sellers interest.
Always introduce the assumable option when the sellers financing allows.
Headquartered in Minnesota, Trust & Experience LLC is a emerging entity committed to helping persons with assumable real estate. We provide assumable data & strategic consultation services nationally. Our mission is to increase buyer value, drive down cost for home ownership, and champion others with this same strategy nationwide.