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Where Can I Find Freely-Assumable Loans?
Question: Where can I find freely-assumable loans?
Answer: There are a number of older loan programs which feature freely assumable mortgages -- loans for which financial qualifications are not required. Look for FHA loans originated prior to December 1, 1986 for any buyer, and before December 15, 1989 for owner-occupant purchasers. With VA, search for loans made before March 1, 1988.

Written by Peter G. Miller.
© 1997 Peter G. Miller. All Rights Reserved. Rules, Disclaimers & Notices.
Copyright © 2012 Realty Times. All Rights Reserved.
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