Assumable loan - Mortgagefit

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Assumable loan

Posted on: 17th Sep, 2013 02:52 am

Are all loans assumable? Or is it a particular type of loan which can be assumed?

Hi Guest,

Not all loans are assumable. Whether or not your loan is assumable will be mentioned in your mortgage docs.

Thanks,

Jerry

Posted on: 17th Sep, 2013 03:19 am

Hi Guest,

Jerry is right in saying so. Normally most of the government loans are assumable.

Thanks

Posted on: 17th Sep, 2013 08:10 pm