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William Coet's profile image
William Coet's profile image
William Coet
  • from Lititz, PA
  • Member since May 7, 2013

User Stats

595
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272
Votes
William Coet's profile image
William Coet's profile image
William Coet
  • from Lititz, PA
  • Member since May 7, 2013
William Coet
  • Lititz, PA
272
Votes |
595
Posts
Tax, SDIRAs & Cost Segregation

Can a Bank Executive Be Convinced to Allow a Mortgage Assumption?

William Coet
  • Lititz, PA
Posted

The seller has a rate of ~4% and we are being quoted 8%. Is there any way a bank will allow a mortgage to be assumed? Initially they said no, but can a "higher-up" approve it? Are there any strategies to make it happen?

Thank you

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