How come they are not telling us that the downpayment amount is outrages in order to assume these mortgages. Seems like this is another way for the Rich to get richer. No median household family in the US have over 100K sitting in their bank. Investors are going to have a kick with this program 😂
![Assumable Loans Explained [Pros & Cons]](http://i.ytimg.com/vi/h6akEabKl80/mqdefault.jpg)
How come they are not telling us that the downpayment amount is outrages in order to assume these mortgages. Seems like this is another way for the Rich to get richer. No median household family in the US have over 100K sitting in their bank. Investors are going to have a kick with this program 😂
I have more than $250,000 in my savings account. So this exactly the type of loan I'm looking for.
These have to be owner occupied!
not true with the VA loan. The seller will be on the hook buddy. That's why you need to talk with an expert, not a salesman.
I only stretched 😂 who wants a baby to come out the wrong hole? 😂
...... or buy the house subject-to the existing mortgage.