Strategies for Assuming Someone's Mortgage

[Eli King]

I'm seeking strategies for assuming someone else's mortgage as a primary residence. What is the best way to explore if this is an option with the seller's lender? Are there any strategies for making this more desirable for the current lender? 

[Lydia S.]

@Eli King

The seller would need to contact the servicer of their loan and confirm it’s assumable.

You would then need to qualify with that servicer plus have the funds to cover the difference between what remains on the loan and the purchase price for the home.