For Home Owners
Understand the Full Value of Your Assumable Mortgage
If you have an FHA or VA loan originated before 2022, your mortgage may be one of the most valuable assets you own.
Verify My Loan Is Assumable →Do You Have an Assumable Loan?
FHA & VA Loans Are Assumable by Law
Unlike conventional mortgages, FHA and VA loans contain an assumability clause. This means a qualified buyer can take over your existing loan — including your interest rate — when you sell.
FHA Loans
Most FHA loans are assumable. Loans originated before December 1, 1986 are freely assumable. Newer FHA loans require the buyer to qualify with the lender.
VA Loans
VA loans are assumable by both veterans and civilians. The seller's VA entitlement may be restored once the assumption is complete and the buyer qualifies.
Your Assumable Mortgage Has Hidden Value
Here's what a 3% rate is worth to a buyer compared to today's 7.5% market rate on a $300,000 loan:
That value belongs to you as the seller. Price your home accordingly.
What Can You Do With an Assumable Mortgage?
Sell Your Home
List your home and market the assumable loan as a key feature. Attract more buyers and potentially sell for more.
Verify Your Loan
Not sure if your loan is assumable? Use our free verification tool to find out in minutes.
Learn More
Read our ebook and FAQs to fully understand the assumable mortgage process and your options.
Take the First Step
Find out if your loan is assumable and what it's worth to potential buyers.