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Updated almost 5 years ago on . Most recent reply

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Jared Miller
  • Elkhart, IN
0
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15
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Assuming FHA Mortgage as Investor

Jared Miller
  • Elkhart, IN
Posted

I planned to assume the FHA Mortgage and then rent it out. Going through the paperwork from Chase it says Investors are unable to assume FHA mortgages or it will be accelerated and the total amount will be due. Can I assume the mortgage and then refinance right away to a conventional loan to avoid any headache and heartache?

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