credit qualifying: Are FHA Loans Assumable? - 12/18/10 02:50 AM
If asked, how many real estate professionals could tell you that FHA 203(b) loans can be assumed by an owner-occupied creditworthy buyer? I bet that if a survey was taken today within the real estate community, you would be surprised to learn how many have no idea about this assumability feature. Over the past few months, our company has closed hundreds of FHA loans at 4% or better.  As we stand today, those buyers have a selling niche that has not been seen in years: the assumable mortgage at a rate lower than the current market rate.
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Dustan Shepherd, Vice President of Renovation Lending (Guaranteed Rate NMLS 2611)

Dustan Shepherd

Vice President of Renovation Lending

Leawood, KS

More about me…

Guaranteed Rate NMLS 2611

Address: 4550 W.109th St, Suite 140, Leawood, KS, 66211

Mobile: 913-687-4550

Office: 913-225-9318

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