Home loans such as FHA, USDA and VA come with a special feature called assumability. To assume someone’s mortgage means you take over their payments - at their current interest rate.
This is an easy hack for a homebuyer to purchase a home and obtain a mortgage rate that is substantially lower than what the current market is offering. This needs to be understood by sellers, buyers, Realtors and the entire finical community.
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Common Questions From Loan Officers | Ep. 436
Evolve or Die 💀 | Ep. 435
Surviving the Next 5 Years as a Loan Officer | Ep. 434
Is a Housing Crash Imminent? | Ep. 433
Mortgage News | Ep. 432
The Power of Industry Knowledge | Insights from HousingWire CEO Clayton Collins | Ep. 431
The Future of Finance: A Live Q&A with UCF Business Students | Ep. 430
When Is the Right Time to Buy a Home? | Ep. 429
AI, Fintech, and the Next Generation of Leaders: Insights from UCF's Dean of the College of Business | Ep. 428
3 Steps to Building a Successful Sales Team | Ep. 427
The Power of Renovation Loans | Ep. 426
How to Generate Leads on TikTok | Ep. 425
5 Tactics to THRIVE in a Post-NAR Settlement Era | Ep. 424
NAR Settlement Aftermath: Opportunities and Obstacles | Ep. 423
Starting a Successful Mortgage Brokerage | Ep. 422
20-Years of Mortgage Lending Lessons | Ep. 421
House Flipping for Beginners | Ep. 420
Biden's Tax Credit for Homebuyers, Explained. | Ep. 419
How To Sell To The Next-Generation | Ep. 418
The Power Of Authenticity In Sales | Ep. 417
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