With a lower rate and less time to pay the mortgage a loan assumption can save buyers huge money in interest!
A loan assumption allows a buyer to pick up where the seller left off on their mortgage. This means a buyer gets the same terms the seller currently has. A buyer gets the benefit of a lower interest rate and less time to pay on the mortgage.
WE HANDLE THE HARD PART
We Make Assumable Mortgages Easy
Get pre approved for a loan assumption with nothing out of pocket and no effect on your credit score! Even if you have been pre approved through a bank for a mortgage, you’ll want to find out how much more you qualify for with a loan assumption.
Use our search feature to find qualifying listings. See estimated payments and savings on each listing!
Make an offer
We will call the listing agent to help get your offer accepted. There are a lot of misconceptions out there on loan assumptions, even among real estate agents. We make sure to clear any misunderstandings and explain our streamlined process to them to help get your offer accepted.
Move in
Home sweet home! Move in and enjoy the next 30 years of interest savings!
Find out how much you are assumption pre approved for
620 or higher credit score
Must intend to occupy property as primary residence
10% down payment
A loan assumption can typically take 2-6 months but we have streamlined the process and gotten it to 30 days or less!
No, only FHA, VA and USDA loans are assumable. We have identified all qualifying properties click here to search eligible properties
Advantage Assumptions
info@advassumptions.com
Phone: (877) 231-0231
ADDRESS
254 Chapman Rd Ste 209 Newark DE 19702