A Mortgage Assumption Company Built to Help Real Estate Agents
Our goal is to make real estate agents and their clients more successful. Assumptions help your buyers get a lower monthly payment and your sellers more money faster by leveraging the assumable mortgage asset in place.
We have great tips and techniques to help you sell more homes.
Mortgage Loan Assumption Steps For Agents
Step 1
Identify sellers or buyers who may benefit from a mortgage loan assumption. Sellers with FHA, VA, or USDA guaranteed home loans often older than mid-2022 are likely ideal.
Buyers who need a mortgage to purchase an owner-occupied home can all benefit from lower payments.
Step 2
Watch our video below to learn about the process and tips for locating clients and marketing property.
On the seller side, we discuss tips for how to market the seller’s low rate mortgage asset in your MLS and social media.
On the buyer side, we have tips for how to attract potential buyers looking for lower payments available with assumable loans.
Step 3
Once you have a transaction in place that has a seller with an assumable mortgage, and a buyer willing to assume the mortgage, they must both engage Assumption Solutions for us to work on both sides of the file.
All parties must supply the required documents necessary to satisfy the existing mortgage servicer qualification process and obtain approval for the loan assumption by the existing servicer.
Step 4
Once the loan assumption is approved by the existing loan holder, it’s time to schedule closing.
The buyer assistance fee totals $950 and the seller assistance fee totals $950.
Only the first $50 is collected from both parties at engagement. This makes having us help a low risk proposition.
The balance is collected only if the assumption is approved by the servicer. Our assistance is low cost, low risk, and high value.
Marketing Tips and Materials
The Assumption Process Video Class
Below is a 59 minute training class covering the process for agents, buyers, and sellers.