What is an "assumption" mortgage?

Related FAQs

How does a mortgage broker differ from a lender?
How does a lender decide whether to approve my mortgage application?
What are the benefits of an assumable mortgage?
What are the differences between a mortgage broker and a lender?
What is a bridge loan?
What type of mortgage should I choose?
Can I get a mortgage if I am self-employed?
What are the differences between a lender and a mortgage servicer?
What is the difference between a fixed-rate and a variable-rate mortgage?
What is an adjustable rate mortgage cap?

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