What if you could travel back in time and take over a mortgage with a 2.25% interest rate? In this episode of State 48 Homeowner, we break down the power of assumable loans—a real estate strategy that lets homebuyers “assume” the low-interest mortgage of a home seller.
We’ll walk you through two real-world examples in Mesa and Chandler, Arizona, where VA assumable loans can save buyers hundreds per month. You’ll also hear expert insights from Raunaq Singh, CEO of Roam, and Mike Roberts of UMe Projects, who explain how these loans work, how to qualify, and how both buyers and sellers benefit.
We’ll cover:
- What assumable loans are
- Who qualifies (yes, you can assume a VA loan even if you’re not a veteran!)
- How to cover the gap between loan balance and sale price
- The power of the blended rate
- Why sellers can command more by marketing their assumable mortgage
Want to learn more about our listings we shared at 2717 W Medina (Mesa), 2000 W Periwinkle (Chandler), or 1170 E Jardin (Casa Grande)? You can find these and other assumable properties at https://klausteam.com/property-search/results/?searchtype=2&searchid=6637490
Or want to know if your loan is assumable? Contact the Klaus Team today at KlausTeam.com or call us at 480-354-7344.
You don’t need a DeLorean. You just need the right tools.
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The post Ep 187 – The Low Rate Time Machine – Assumable Loans first appeared on State 48 Homeowner.
