Assumable Mortgage Investors
Assumable Mortgage for Investors
- • Get a list of homes in your area
- • Wholesaling Real Estate
- • Take Over a Low Interest Rate Mortgage
Data Services
Find Your Next Investment
Over 200 million verified properties
Our robust property list is the most economical data offer. Our deluxe property list provides all the information you need to get there before anyone else. Both list are customized exclusively for your use and includes property specifics, mortgage information and has a 60 day accuracy guarantee.
Search no further
Here is an easy way to get into your next investment property and increase your cash flow. Take advantage of Assuming a FHA Mortgage from the homeowner. These mortgages have a pre-established low interest rate, can be a HUD-approved secondary residence, or investment property. Whatever your preference is we can provide Single Family units, Duplex, Triplex, & Quadplex properties in your area of choice. The goal is to provide the data you need to help you reach the homeowner.
Invest — Loan to Value
For the investor looking to buy several properties, we recommend assumable mortgages with a LTV below 75% LTV. We also include hidden value and social media research tools to help better determine the full financial potential of each assumable mortgage. Obtain a list that meets the 75% maximum (LTV) for investment property assumptions. See page 448 of the FHA Handbook to learn more.
Connect — Assumable Data Leads
Our list of homes are not on the market for sale yet so that buyers can connect with the owner before anyone else. These FHA homeowners have been in their property for a few years and could be highly motivated to sell their mortgage. All data is downloadable, customized exclusively for your use, captures the number of bedrooms & bathrooms, and is based on a city, state, or zip code of your choice. Digital shopping is the secret to acquiring a property. We have the data.
Cash Flow Comparison
| Comparison | 7.5% New Loan | 3.0% Assumed |
|---|---|---|
| Property | Rental SFH | Rental SFH |
| Purchase Price | $300,000 | $300,000 |
| Loan Rate | 7.5% new loan | 3.0% assumed |
| Monthly P&I | $1,958 | $1,139 |
| Estimated Rent | $2,200 | $2,200 |
| Monthly Cash Flow | $242 | $1,061 |
How Do I Start?
Buy a Data Property List Customized For your Search
Order Package
Select and purchase a data list customized for your investment criteria.
Meet & Agree
Connect with the homeowner and agree on terms to move forward.
Complete Approval
Work with the lender to complete the assumption approval process.
Save Your Docs
Keep all approval and assumption documents for your records.
Assumable Loan Types for Investors
FHA Assumable Loans
FHA loans originated before December 1, 1986 are freely assumable. Newer FHA loans require lender qualification. Ideal for single-family and small multi-unit properties. See page 448 of the FHA Handbook for investment property assumption guidelines.
VA Assumable Loans
VA loans are assumable by both veterans and non-veterans (with lender approval). Excellent rates, often 2–4%, make these highly desirable for investors seeking strong cash flow from day one.