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Assumable Loans | Will Assumable Mortgages Save Housing?

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Joe Manausa Real Estate

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...

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