What Is An Assumable Mortgage?

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VIDEO SUMMARY
An assumable mortgage is a mortgage that, with the lender's permission, lets an incoming home buyer take over the home seller’s existing mortgage, including its terms and its interest rate.

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https://homebuyer.com/learn/assumable...

TIMESTAMPS
0:00 Assumable Mortgage Definition
0:19 About Homebuyer.com
0:41 The Elements of An Assumable Mortgage
1:51 Who Can Use An Assumable Mortgage

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