Posted on: 21st Feb, 2012 06:09 am
i have a simple assumption mortgage that was done before 12/1/86. My daughter is going to assume the loan. but will we/she be able to do another simple assumption if needed. Or will the loan no longer be assumable?
Welcome Eve,
If the mortgage docs states that the loan is assumable, then your daughter will be able to go for a simple assumption of the mortgage. You should contact your lender and have a word with him. He will better guide you in this regard.
If the mortgage docs states that the loan is assumable, then your daughter will be able to go for a simple assumption of the mortgage. You should contact your lender and have a word with him. He will better guide you in this regard.
They provide past personal loans with instant approval. Besides, there is no fax or credit check, therefore, they are available almost for any consumer. The whole application procedure is held online and the funds will be deposited directly to your checking or savings account. However, if you don't have any problems with your credit score or you have some time to wait, you can try traditional bank loans.
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