VA Loan Assumption: How It Works
veteransunited.com
VA Loan Assumption: How It Works
VA loan assumption is a powerful benefit for buyers and sellers that you won't find with other mortgage options. Here’s what every buyer or seller should know.
2020年7月31日
VA Loan Benefits
114 reactions · 11 shares | Discover VA home loan benefits for veterans, active military and their families. | Zillow | Facebook
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114 reactions · 11 shares | Discover VA home loan benefits for veterans, active military and their families. | Zillow | Facebook
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It’s very important to understand the assumption process for VA and FHA loans! 1. You are only assuming the current mortgage. The difference between with the sales prices on the contract and what the current mortgages needs to be paid for at closing. 2. You will also be working with the current servicer of the loan. So if you’re looking at an assumption process, you’ll want to get in touch with the seller or listing agent and get their mortgage payoff information as well as who currently service
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It’s very important to understand the assumption process for VA and FHA loans! 1. You are only assuming the current mortgage. The difference between with the sales prices on the contract and what the current mortgages needs to be paid for at closing. 2. You will also be working with the current servicer of the loan. So if you’re looking at an assumption process, you’ll want to get in touch with the seller or listing agent and get their mortgage payoff information as well as who currently service
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