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Jake Kucheck
  • Residential Real Estate Agent
  • Costa Mesa, CA
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What Makes a Loan Assumable (or not)

Jake Kucheck
  • Residential Real Estate Agent
  • Costa Mesa, CA
Posted Jul 7 2011, 18:24

I know basically nothing about what makes a loan assumable or not.

I was told by someone who would have an interest in telling me a specific loan was not assumable that Fannie/Freddie loans are not assumable (as a blanket statement).

Is this true or is the guy blowing smoke?

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