Posted on: 05th Nov, 2011 09:58 am
My friend has gotten hurt at work and has to have surgery. Want to assume her mortgage to help her out and relieve her of financial oblivion. Can i assume her current loan without going through loan process?
Hi domino!
Welcome to forums!
If her loan documents mention the fact that loan assumption can be done, then you will be able to assume the loan. You should contact the lender and apply for it. If you have the required credit scores, then I think you will be able to assume the loan.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
If her loan documents mention the fact that loan assumption can be done, then you will be able to assume the loan. You should contact the lender and apply for it. If you have the required credit scores, then I think you will be able to assume the loan.
Feel free to ask if you've further queries.
Sussane