Assumable Mortgage
Why Choose an Assumable Mortgage?
Lock in a Lower Interest Rate
Take over the seller’s existing loan — often at a rate well below current market rates, saving you big on monthly payments.
Stable & Predictable Payments
No surprises. You’ll know exactly what your mortgage payment is from day one — no rate increases to worry about.
Faster, Simpler Closing Process
Assuming a mortgage can involve fewer steps than starting a new loan, making it easier to get into your new home sooner.