Has anyone ever assumed a mortgage and is this a good idea in current market conditions?

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I haven’t but if the numbers make sense, why not?

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Never assume anything in life. Find facts and stick to them.

funny

Most residential mortgages are unassumable

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You might want to read the fine print on whether the terms prohibit this. I’ve heard of instances where the mortgage company started looking to this and the original lender got into trouble

I’ve seen it for VA loans, but I don’t qualify.

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