Assumable Mortgages: Your Second Chance at Ultra-Low Mortgage Rates

Did You Miss Out on 2-4% Mortgage Rates?

Do you feel like you missed out on the era of ultra-low, 2-4% mortgage rates? Assumable mortgages are your second chance at huge savings. Very few people even knew they existed until now, let alone how to find one. Assumable is on a mission to change this.

Introducing Assumable: Unlocking Affordable Homeownership Nationwide

We are the nation’s first and only platform that lets anyone search for and buy homes with assumable mortgages in over 6,500+ cities and all 50 states. You can find 9 million assumable homes on our platform:

• 7 million homes have rates below 5%
• 77% of all homes have APRs below 4%
• We cover 41,000+ zip codes in the US

This gives you the best access possible to affordable mortgage opportunities.

What Are Assumable Mortgages?

Assumable mortgages are government-backed home loans (such as USDA, FHA, and VA). As a buyer, you "assume" these loans from sellers—taking over the existing interest rate, current loan balance, and original terms of the mortgage.

Why Choose an Assumable Mortgage?

• If the seller locked in a 3% loan and rates today are twice that high, you get to keep that low 3% rate.
• Assumable mortgages offer a powerful and affordable path to homeownership as many Americans are priced out by rising rates and tough affordability.

How the Assumption Process Works

1. Start by getting a signed purchase agreement with the seller.
2. You or your agent work with the lender to complete the assumption process.
3. This includes submitting paperwork, meeting lender requirements, and verifying your financials.

At Assumable, our specialized team can handle the process from contract to close, ensuring your assumption is completed within 30–45 days.

How Much Can You Save?

• Our average customer saves $1,013 per month on their mortgage payment.
• Homebuyers save an average of $323,000 in interest over the life of their loan.

Marketing Your Home? Attract More Buyers with Assumable

Do you want to market your home effectively and attract more buyers? With Assumable’s expertise, you’ll get higher offers and faster closings.

Special Note for Veterans

VA loans are fully assumable by anyone, regardless of military status. These loans are especially valuable in a high-rate market. If you have a VA loan, you can use it to find someone to take over your payments and benefit from the low rate you locked in.

Full Transparency and Nationwide Access

Assumable makes the entire process transparent and accessible nationwide:

• Buyers can search active listings by rate, payment, and potential savings.
• Sellers and agents can maximize the value of an assumable loan.

For 2025, new financing solutions like “assumption gap” loans will make it easier than ever to cover equity requirements and complete an assumption.

Start Searching for Assumable Mortgage Properties Today

Use our web app to search for assumable mortgage properties in your neighborhood and become a homeowner—saving money and securing a low-rate mortgage!