Thanks for visiting Assumption Solutions. Our goal is to make real estate agents and their clients more successful. We 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.
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.
Download and implement the marketing tips.
On the seller side, we have 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.
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 to process both sides of the file.
All parties must supply the required documents necessary to satisfy the existing mortgage servicer and obtain approval for the loan assumption.
Once the loan assumption is approved by the existing loan holder, we will work with all parties to facilitate a successful closing.
The buyer processing fee totals $550 and the seller processing fee totals $550 as well. The first $50 is collected from both parties at engagement.
The balance is collected only if the assumption is approved.
You know how important it is to have successful and happy clients at closing.
Shout it from the rooftops and social media platforms and let us help you and your next clients with a mortgage loan assumption.
Download our marketing tips and materials.
Below is a 50 minute training class covering the process for agents, buyers, and sellers.
This is a quick example of how to find assumable homes on the market and list assumable homes in your MLS system. Each system is regional and you may have a different interface and not everything can be applied in this video to your situation or system. This is an example from the Pikes Peak MLS in Colorado Springs.