Assumable mortgages lock in a seller's low rate — often between 2–4% — Available nationwide.
What Is an Assumable Mortgage?
An assumable mortgage allows a home buyer to take over the seller's existing mortgage — including its interest rate, remaining balance, and repayment terms. In today's higher-rate environment, assuming a seller's 2–4% mortgage can mean massive savings compared to taking out a new loan at current market rates.
You could save hundreds of dollars per month — and tens of thousands over the life of the loan.
Benefits of Assuming a Mortgage
Lock In a Lower Rate
Assume a mortgage originated when rates were at historic lows — often 2–4% — instead of today's higher rates.
Save $100,000+
Assuming a 2–4% rate can save tens or hundreds of thousands of dollars over the life of the loan. Ask us for a customized financial analysis.
$0 Down in Most States
Pair an assumable mortgage with a second mortgage and you can purchase a home with zero down. A low down payment is required in AK, AZ, CA, HI, NM, NV, NY, OR, TX & WA.
Buy More Home
A lower rate means more purchasing power. Get into the home you actually want — not just the one today's rates allow.
Which Loans Are Assumable?
Ready to Explore Assumable Mortgages?
Dan Frey is America's leading expert on assumable mortgages — licensed nationwide. Let's find out if this program is right for you.
TALK TO DAN