Are FHA loans assumable?
Lenders will only permit those loans that have a "subject to transfer" clause to be taken over through a formal assumption process. Look to your loan agreement for specific terms. In addition, you should candidly discuss any risks with your lender, and possibly consult an attorney before signing the final agreement.
Questions about Vero Beach Florida Real Estate?
Ask us below or Call us Now at 772-388-6261
