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Month: September 2017

What is an Assumable Mortgage?: A Guide to Assumable Home Loans & Their Advantages & Disadvantages

In some cases individuals considering buying a new home may be told that the seller is willing to work on an assumable mortgage deal. In this scenario, the buyer of the property basically takes over the seller’s existing home loan rather than applying for their own deal. This can come with a range of advantages and disadvantages.… Read More


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