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Homes For Sale With Assumable Mortgages

Find homes with rates as low as 2% before they’re gone.

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What is an Assumable Mortgage?

An assumable mortgage allows a buyer to take over the existing mortgage terms from the seller. This includes the interest rate, monthly payments, and the remaining loan balance. This can be a significant advantage for buyers, especially when current interest rates are higher than the seller’s rate.

The Benefits of Assumable Mortgages

  • For Sellers: Assumable mortgages make properties more attractive, potentially speeding up the sale and maximizing return.

  • For Buyers: Buyers can secure lower interest rates and reduced closing costs, increasing their purchasing power and saving thousands over the life of the loan.

Overcoming Common Obstacles

While assumable mortgages offer great benefits, they can also be complex and time-consuming. Roam helps overcome these challenges by providing tools and support to streamline the process:

  • Discovery Tool: Find homes with low-rate assumable mortgages easily.

  • Transaction Coordination: We manage the assumption process, reducing delays and ensuring a smooth transaction.

  • Financing Options: With our 15% down payment option, buyers can access second mortgage solutions to cover down payments, making it easier to assume a mortgage.

Step-by-Step Guide for Buyers and Sellers

We provide detailed guidance for both buyers and sellers to navigate the assumption process efficiently:

For Buyers

  • Pre-Contract: Identify qualifying homes and secure pre-approval.

  • Post-Contract: Complete necessary documentation and close with complete support.

The Demitri Team at Keller Williams - (561) 461-8620

Our Team of Realtors Are Located Throughout Florida

Palm Beach Gardens - Orlando - Coral Springs - St Lucie - Vero Beach - Boca Raton - Pompano - Lake Worth - Jupiter - Tequesta - Panama City Beach

Stuart - Cape Coral - Clearwater - Kissimmee - Jacksonville Beach - Tampa - Fort Myers - Naples - Sarasota - Palm Bay

Broker: Keller Williams Reserve - 6271 PGA Blvd., Suite 200, Palm Beach Gardens, FL 33418 - (561) 318-7240