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Home Ownership in Albany : Real Estate Advice

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  • Local Info1
  • Home Buying8
  • Home Selling5
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Sun Feb 17, 2013
Corri Klebaum answered:
The loan must first be an assumable one. Most government loans will be assumable by a qualified borrower. The seller will need to contact his current lender to start the process. I do reccommend you make sure the terms are more favorable to assume than not. I would reccommend you meet with a mortgage professional to see what terms are available on a new loan just to be certain. ... more
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Home Ownership in Albany Zip Codes