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Assumable Mortgages Save Money!

What's the basic idea behind an assumable mortgage?

An assumable mortgage is a home loan that empowers homebuyers to assume the seller's current mortgage terms. This can substantially reduce buyers' monthly mortgage payments. Notably, all government-backed loans, including FHA and VA loans, qualify for assumption. In the Phoenix Valley there were over 107,000 homes financed with an assumable mortgage from 2020 - 2022 when rates were nearing 2.5%. The assumable mortgage is the home mortgage cheat code

Unlock Savings: Discover Your Dream Home with Loan Assumptions Today!

Why buy a home with an assumable mortgage?
  • Save $1000's per month on your mortgage payment
  • Increase your selection of homes
  • Easier to qualify
    • Any buyer that qualifies for an FHA, VA or USDA loan is  eligible to assume a low-rate mortgage.
  • My team of professionals will navigate you thru the process with the servicer working on your behalf
With an assumable mortgage you can buy a larger home with more features & still pay less monthly!

Take a look at the savings below
Website Assumable Mortgage Spreadsheet 3.png

Unlock Savings: Discover Your Dream Home with Loan Assumptions Today!

DeLex Realty
Terry Day
10115 E Bell Rd
Scottsdale, AZ 85260

© 2024 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Terry Day - Delex Realty are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. February 22, 2024
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