Questions about Mortgage assignment
Hello PB community!!
I️ have a property under contract for a flip and the seller agrees to “cooperate in the necessary steps to assigning the mortgage,” my attorney emailed me late last night so I️ wanted to have a few questions answered before I️ spoke with him again.
Will I️ need to speak with a mortgage broker so I️ can assume the mortgage?
Also I️n layman’s terms. Can anyone explain the process of assigning the mortgage?
Thanks for all the support!!