What is an "assumption" mortgage?

Related FAQs

What is the difference between a primary and secondary mortgage?
What is an assumable mortgage?
What is the role of the Appraiser in the mortgage process?
What documents do I need to provide to a lender to qualify for a mortgage?
What types of home-buyer tax credits are available?
What is a mortgage pre-approval?
What are the risks of taking out a mortgage?
What is a mortgage acceleration clause?
What are closing costs and how are they paid?
What are the pros and cons of taking out a mortgage?

Related Blog Posts

What Home Owners Need to Know About Mortgage Law - July 31, 2023
The Basics of Mortgage Law: A Comprehensive Guide - August 7, 2023
Understanding Prepayment Penalties and Mortgage Law - August 14, 2023
Securing Your Mortgage Loan: Key Considerations Around Mortgage Law - August 21, 2023
Refinancing Your Home Loan: What Mortgage Law Protects You - August 28, 2023