What is an Assumable Loan?
Do not buy a home until you ask the seller first if their loan is assumable.
A lot of sellers now took advantage of those low interest rates in the past.
If the seller’s loan is assumable, you get to assume their mortgage and get a low interest rate.
If you have any questions about the home buying process, reach out to me today!
Mellanda Reese | 404.217.6005