Tag: Assuming Loans

Posted on 03/18/2024

Assuming a VA Loan: Benefits & Drawbacks to Consider

Assuming a loan allows you to take over the mortgage of another homeowner. Doing so allows you to skip the long, expensive process of applying for a brand new mortgage. While there's still paperwork involved, it can be a very convenient option. Assuming a VA loan has its own set of specific pros and cons for military buyers...

Assuming Loans

Homebuyer

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BROKERS PROCEDURES
1) We do not require identification from a prospective purchaser
2) We do not require a purchaser to sign an exclusive brokerage agreement
3) We do not require a pre-approval for a mortgage loan in order to show a purchaser properties