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.

Mortgage savings

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?

01
FHA Loans
All FHA loans are assumable with lender approval.
02
VA Loans
VA loans are assumable — even by non-veterans in some cases.
03
USDA Loans
USDA loans may be assumable with USDA approval.

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.

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