HOME BUYERS

Short payment terms

FIND: GRANDFATHERED, ASSUMABLE, LOW RATE, HOME LOANS IN YOUR AREA
GET LOW INTEREST RATES NOW

Low Interest Rates

Minimal Paperwork

START WITH A PROPERTY LIST

ALL HOMES IN YOUR AREA
GET A LIST

ASSUMABLE MORTGAGES

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EASY TO ASSUME

Minimal paperwork
8 short steps to follow
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EASY TO ESTIMATE

Immediate value
Long term savings
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EASY TO FIND

Available in your area
Just click to Get a quick list

FIND YOUR HOME IN OUR DIRECTORY

Over 10,000 to choose from
Your next home is just a phone call away. Our list allows you to contact the seller yourself.  We provide assumable property data on homes not already on the market for sale, so that you can get there first.  These mortgage loans have already established Interest rates as low as 2%!  Position yourself to connect before anyone else and be ready to take over!
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Significant savings are available to home buyers who assume a mortgage. Rather than applying for a new loan, take over the interest rate of the sellers "existing mortgage" to avoid all traditional settlement cost. Mortgage assumptions are much easier and less costly for all consumers.

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Did you know?
  1. FHA and VA loans are assumable
  2. The Federal Government regulates this strategy
  3. There is hidden value in the “life of a loan”

Knowledge is power!

Young attractive and modern couple in love smiling happy together sitting on floor thinking and imaging their new house, home, flat or apartment in real state concept
Home buyers searching for down payment options, or faced with low credit ratings, do not have to wait any-longer. Bypass escrow fees, document fees, appraisal fees, points and brokerage commissions right now. More importantly there is no longer a need to submit to rising mortgage interest rates.  Start by requesting a list of assumable properties in your area.
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LEARN ABOUT ASSUMABLE MORTGAGES
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Buyer Intro

Welcome to a new no down-payment option that is sweeping the nation.
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Buyers - Assume a loan

Available to you right now!
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Buyers - Smart easy math

A combination of affordable home ownership and smart buying.
TAKE A LOOK AT OUR

FEATURED MORTGAGES

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4501 Fair Creek Terrace Aledo, TX 76008
$2,800.00/mo
View more details
1050 Ben Black Road Midland, NC 28107
$5,134.00/mo
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23747 Via Maria Dr New Caney, TX 77357
$1,823.30/mo
View more details
LOW INTEREST RATE AND SHORTER PAYMENT TERM

ASSUMABLE CONSULTATIONS

Get the facts
Discover how to effectively assume a mortgage that already has a low grandfathered interest rate and a payment term that is less than 25 years.  We will focus on specific areas that are relevant to you.  We avoid legal jargon and help familiarize our clients with the process, explain how to locate properties and start the assumption steps.
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EVERY ASSUMABLE MORTGAGE

HAS HIDDEN VALUE

Do the math

The value hiding behind an existing mortgage can be easy to find.  It can be found in the low  interest rate. It also can be found in the payments already applied to the mortgage.  In example:  If 60 payments (5yrs) of $1000 have already been applied to the mortgage, the hidden value is $60,000. The formula is that simple.
Use our Calculators to verify it.
LEARN MORE VISUALIZE IT
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SHORT TERM BENEFITS

Keep your coins. There are no settlement fees either. You are not exposed to anything that would normally mark up the transaction. Nor is there a need to worry about the "negative equity" because the market is recovering. Stay positive.
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IMMEDIATE BENEFITS

Keep your cash.  There are no down payments.  Some lenders may request a small amount to secure the loan, but this cost normally does not exceed $500.00.  A credit score of 620 or better increases your potential.
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LONG TERM BENEFITS

Keep adding it up over time. Owners capture the most savings when they stay with the property for the "life of the loan". Any mortgage with a reasonable interest rate produces a result that is better than new financing. Do the math. How much will you save over all?
A SUCCESSFUL ASSUMPTION

8 EASY STEPS

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Step 1

BE CREDITWORTHY

Review your credit score, and financial status.  As of July 2012, FHA requires a minimum credit score of 580. Lenders often require a higher credit  score of 620.
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Step 2

USE OUR SEARCH TOOL

Find a loan to assume by searching our national assumable mortgage directory.
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Step 3

EXPRESS INTEREST

Contact the seller. Be prepared to discuss your interest in the property and your desire to assume their loan.
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Step 4

VERBALLY AGREE TO PROCEED

While this is a non binding task, it will prompt you to begin the assumption process with their lender.
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Step 5

WAIT FOR THE ASSUMPTION PACKAGE

The seller will order an "Assumption Package" from their lender.  Most lenders are able to mail this to them in just a few weeks.
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Step 6

ANALYZE THE ASSUMPTION PACKAGE

Review and complete the lenders instructions with the seller. Make sure you understand and agree with the terms before you return the completed documents to the lender.
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Step 7

EXPECT 30 DAYS

Expect 30 days for the lender 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 additional time needed.
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Step 8

KEEP YOUR APPROVAL & ASSUMPTION DOCS

The lender will notify you of approval once everything is processed and the loan transfer is complete.
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Order Package
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Meet & Agree
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Complete Approval
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Save Your Docs
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