are there assumable mortgage loans in az?

Asked by Bob, 85374 Wed Jan 12, 2011

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Doug McVinua’s answer
Doug McVinua, Agent, Gilbert, AZ
Thu Jan 13, 2011
Bob

Mortgages are for the most part a national product and very few assumable mortgages have been written recently. Most of the lenders stopped the practice of assumptions years ago.

We still see a few and I would be glad to look for you if you would share what your wants and needs are.

Doug
HomeSmart

Arizona Homes for Sale by a Guy from Iowa
Web Reference:  http://www.McVinua.com
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Leroy, Home Buyer, Peoria, AZ
Thu Jun 21, 2012
Only if the owner is carrying the loan.
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