Assumable Mortgages: The Simple Way to Buy or Sell with Lower Rates

Are you a buyer or seller interested in assumable mortgages? We can be your partner in making this simple process even simpler! Our goal at Assumable is to make both buyers and sellers happy. We are pioneering a new Home Mover Program to connect buyers and sellers dealing with assumable mortgages. Tap into the unique benefits of this financing option and make the most out of mortgage assumption with our help.

How Assumable Benefits Buyers

What Is an Assumable Mortgage?

An assumable mortgage lets you take over a seller’s existing mortgage, typically at a lower interest rate than what’s currently available on new loans. This can translate to significant monthly savings and long-term affordability.

Why Buyers Love Assumable Mortgages

• Lower Interest Rates: Assume a loan with a below-market rate and save money each month.
• Nationwide Search: Use the Assumable platform to search for homes with assumable mortgages across the country.
• Advanced Filters: Filter by loan type, interest rate, estimated monthly savings, and more.
• Expert Guidance: Our mortgage experts guide you through qualification requirements, paperwork, equity gaps, and lender communication.
• Faster Closings: We help buyers close faster than with traditional financing options.

How Assumable Helps Sellers

Assumable Mortgages as a Seller’s Marketing Tool

In a rising interest rate environment, homes with assumable low-rate loans stand out. Sellers can attract more buyers and potentially command higher offers by marketing their assumable mortgage.

Key Benefits for Sellers

• Expanded Buyer Pool: Reach motivated buyers actively seeking assumable home loans.
• Competitive Offers: Increased demand can lead to better offers for your property.
• Professional Assistance: We help you find qualified buyers and handle the assumption approval process with lenders.
• Smooth Transfers: Our team ensures all lender conditions are met for a smooth mortgage transfer.
• Release of Liability: We help secure your release from the mortgage, protecting you from future financial risks.

The Home Mover Program: Connecting Buyers and Sellers

Our Home Mover Program matches buyers with sellers, streamlining the entire home buying process. Assumable loans are a tremendous opportunity in today’s high-rate market—they simplify financing and make homeownership more affordable for all parties involved.

How to Get Started

If you’re looking to buy or sell a property with an assumable mortgage, use the Assumable app to browse available listings and connect directly with qualified buyers and sellers. Make your next move easier and more affordable with Assumable.