Assumable loans: Will assumable mortgages save housing? Home affordability is becoming one of the hottest topics in the economy, but I was recently asked if assumable mortgages might bring some relief to homebuyers. This video shares what I think about how mortgage assumption will impact housing. #AssumableLoans #AssumableMortgages
00:00 Introduction
01:18 Home Affordability Crisis
02:28 What Is An Assumable Loan?
03:28 What Types Of Loans Are Assumable?
04:13 VA Loans
05:08 FHA Loans
05:35 USDA Loans
06:20 Qualification Requirements
06:59 Loan Assumption Example
08:15 The Hidden "Gotcha" In All Of This
08:44 Another Hurdle To Loan Assumptions
09:47 Will assumable loans save housing?
11:13 Joe's Recommended Viewing
Link to the related article on the housing market: https://www.manausa.com/blog/assumabl...
Subscribe To The Joe Manausa Real Estate Channel and Get More Housing Market Reports, Listings and Real Estate Marketing Tips, and answers to your frequently asked questions: https://bit.ly/ytmanausa
Get the DIGITAL MARKETING BOOK written by a small business owner, for small business owners! https://bit.ly/tbogb_a
Subscribe To The Tallahassee RE Newsletter https://bit.ly/39v6tNs
AI I use VidIQ (AI) to assist with titles and content: https://vidiq.com/jpm1987
I use TubeBuddy for channel optimization: https://bit.ly/3SnGP2e