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If you're sold on the idea of assuming a mortgage but you have no idea where to find one, this episode is the starting point. Ryan breaks down why 75% of assumable properties are completely invisible on the MLS, why listing agents and even banks will sometimes tell you a loan is not assumable when it absolutely is, and exactly what to do about it. He walks through three ways to find assumable properties, covers how assumption processors hold banks accountable when they try to add friction, and runs the numbers on a buyer saving $800 to $1,000 a month on a $450,000 home compared to a conventional loan at 6.5%. There are over 1,200 assumable properties identified in Colorado right now. Most buyers have no idea they exist. This episode shows you how to find them. Hit up assumableguy.com or DM @the.assumable.guy on Instagram.
By Ryan ThomsonIf you're sold on the idea of assuming a mortgage but you have no idea where to find one, this episode is the starting point. Ryan breaks down why 75% of assumable properties are completely invisible on the MLS, why listing agents and even banks will sometimes tell you a loan is not assumable when it absolutely is, and exactly what to do about it. He walks through three ways to find assumable properties, covers how assumption processors hold banks accountable when they try to add friction, and runs the numbers on a buyer saving $800 to $1,000 a month on a $450,000 home compared to a conventional loan at 6.5%. There are over 1,200 assumable properties identified in Colorado right now. Most buyers have no idea they exist. This episode shows you how to find them. Hit up assumableguy.com or DM @the.assumable.guy on Instagram.