Assumable Mortgage Homes for Sale
Find and buy your new home with an assumable mortgage and save thousands on monthly payments
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What is An Assumable Mortgage?
An assumable mortgage allows the buyer to purchase a home by taking over the seller’s loan. VA, FHA, and USDA mortgages are assumable, and anyone can assume these loans. For VA assumptions, the buyer is not required to have VA eligibility.
Lower Monthly Payment
Interest rates on assumable loans are often 2-4% lower than new loans, potentially saving you 20-40% on your monthly payment.
Reduced Closing Costs
Since you’re not originating a new loan, assumable loans have fewer closing costs and lender fees.
Shorter Loan Payoff
Assumable loans have less than 30 years remaining before they’re paid off — so you’ll pay thousands less in interest over the life of the loan.
AssumeList awarded Inman’s Best of Proptech for 2024!
This prestigious recognition celebrates those who are at the forefront of property technology innovation and redefining the real estate industry.
Homebuyers
Looking For Your Dream Home
AssumeList is the first of its kind real estate tool that allows prospective homebuyers, the ability to find homes for sale with an assumable mortgage. Search for homes with assumable mortgages today!
Realtors
Find Homes For Your Clients
Support specific client needs who seek to purchase a home with a below-market interest rate. AssumeList creates powerful marketing opportunities for agents by supercharging their ability to leverage the market shift.
What we bring to the table
How AssumeList can benefit you?
AssumeList is a unique real estate tool that allows prospective homebuyers, investors, and agents the ability to find homes for sale with an assumable mortgage. AssumeList™ enables users to search for homes with VA, FHA, and USDA assumable mortgages regardless whether they are actively listed or off-market. 100% of AssumeList™ homes contain an interest rate below 5%; the vast majority have rates of 3% and lower.
We empower you with the tools to find your perfect home, and white-glove service to help you buy it. AssumeList™ maintains the largest network of experienced agents to help you find a purchase a home with an assumable mortgage, at no additional cost.
Areas We Serve
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41.2K+
Assumable Listings -
3.8M+
Off-market Homes
How Much Can You Save?
Assumption loans have been largely irrelevant for the past 10 years due to extremely low prevailing mortgage rates. Assumption loan demand has grown substantially in recent months due to inflation-induced rate hikes. In high-cost markets, housing affordability is heavily impacted by interest rates.
Example Scenario: $800K Home Purchase
| New VA Loan | Assumable Loan | |
| Down Payment : | 5% | 5% |
| Interest Rate : | 7.50% | 2.50% |
| VA Funding Fee : | $12,540 | $3,800 |
| P&I Payment : | $5,314 | $3,002 |
Save 40% or more!
Learn More About Assumable Loans
Explore our blog for the latest trends, expert tips, and inspiring ideas. Stay informed and inspired with valuable insights and practical advice tailored just for you.
Debunking Myths About Assumable Mortgages: The Truth Behind the Process
Assumable mortgages offer unique financial benefits for buyers and sellers, but misconceptions about the process often prevent people from taking full advantage of this opportunity. With assumable mortgages becoming increasingly valuable in today’s real estate market, it’s time to clear up the confusion. This…
VA Introduces Temporary Variance Allowing Veterans to Pay Buyer-Broker Fees
In a significant move to ensure Veterans stay competitive in the ever-evolving real estate market, the Department of Veterans Affairs (VA) has announced a temporary local variance. This variance allows Veterans to pay certain buyer-broker charges when purchasing a home using their VA loan…
FHA and VA Fee Update: Increased Allowances for Assumable Mortgages
The Federal Housing Administration (FHA) and the Department of Veterans Affairs (VA) have recently updated their policies regarding fees associated with assumable mortgage transactions. These changes are designed to better align the allowable fees with the current market conditions and to facilitate more efficient…
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