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Assumable Mortgage A mortgage that can be taken over ("assumed") by the buyer when a home is sold.
A provision in an assumable mortgage allows a buyer to assume responsibility for the mortgage from the seller. The loan does not need to be paid in full by the original borrower upon the sale or transfer of the property.
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Each Office is Independently Owned and Operated.
We also have in our office an Independent Insurance Agency-Owned and operated by the same owners, Scott and Linda Soder, to service all your insurance needs,
HALVERSON SODER AGENCY, INC.
Each Office is Independently Owned and Operated.
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