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Mel Byrd
Copper Rose Realty
6601 E. 22nd Street
Tucson, AZ, 85710
Office: 520-250-7437
Cell: 520-250-7437
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Are FHA loans assumable? | Print |

Are FHA loans assumable?

Lenders will only permit those loans that have a "subject to transfer" clause to be taken over through a formal assumption process. Look to your loan agreement for specific terms. In addition, you should candidly discuss any risks with your lender, and possibly consult an attorney before signing the final agreement.



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Last Updated ( Wednesday, 30 July 2008 )
 
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