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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Central Valley, California
  • Member since Mar 9, 2012
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Central Valley, California
  • Member since Mar 9, 2012
Connect
Account Closed
  • Investor
  • Central Valley, CA
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Private Lending & Conventional Mortgage Advice

Assumable Loan Experiences

Account Closed
  • Investor
  • Central Valley, CA
Posted Apr 14 2014, 19:24

I'm wondering if those of you who have formally assumed a loan in the last 10 years could share your experiences. Was there an application, what was the qualifying process. If you were denied, what were the reasons given.

Technically all FHA and VA loans are assumable but I've never seen one go through. Looking forward to hearing your stories!

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