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Episode 271: How To Qualify For a Discounted Interest Rate
Episode 273

Episode 271: How To Qualify For a Discounted Interest Rate

The Loan Officer Podcast

October 14, 202228m 25sExplicit

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Show Notes

Home loans such as FHA, USDA and VA come with a special feature called assumability. To assume someone’s mortgage means you take over their payments - at their current interest rate.

This is an easy hack for a homebuyer to purchase a home and obtain a mortgage rate that is substantially lower than what the current market is offering. This needs to be understood by sellers, buyers, Realtors and the entire finical community. 

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