Learn how assumption mortgages can save you big in today's market.
What are the benefits and challenges of assumption mortgages, and how can they save buyers significant money in today’s real estate market? Joining us today is Trevor, a recent buyer who secured a VA assumption mortgage. Today, we will explore how leveraging professional guidance and VA loan benefits can lead to incredible savings, like cutting over $500,000 off the life of a mortgage. We will also go over the potential hurdles, such as liquid cash requirements and strict lender qualifications, that make assumption mortgages a unique yet rewarding option for savvy buyers.
For more details and real-world case studies, check out the full video above. You can also use the timestamps to jump to the different topics that we will cover:
00:00 — How a consultant helped us
01:17 — AJ Team closed 18% of assumable loans in the past year
03:22 — Why are assumable loans beneficial?
06:58 — Who should think about assumption mortgages?
13:24 — How buyers benefits from assumable loans
14:14 — Challenges for buyers
17:57 — Case study
22:59 — Why should sellers know about it?
25:13 — Nuances
28:41 — Reach out to us
If you’re interested in exploring whether an assumption mortgage is the right fit for you or want personalized guidance on navigating the process, reach out to us! You can call us at (703) 991-7900 or send us an email at info@ajteamrealty.com. We’re here to help you make the most of today’s real estate opportunities.
