For years, I have been telling many of my clients that there is potentially added value by having an assumable mortgage. In this video, we take a look at assuming an FHA loan, the process, pros, and cons. Other Videos you may like: ○ FHA improves their MIP pricing: https://youtu.be/fAyxFitPN_Y ○ Should I buy down my rate: https://youtu.be/kSgfV7PoT0U ○ Price Reduction Strategy on a Home Listing: https://youtu.be/A-AdG_uq_pY ○ Due-On-Sale Clause Triggers: https://youtu.be/bsQ57poggNg Link to HUD website for guidelines on assumption: https://www.hud.gov/sites/documents/4155-1_7.PDF Have a great week. Thank you. 1 - 📅 Email - TeamMiles@superiorlending.net 2 - 🌐 Apply Online - http://bit.ly/easyloanapp 3 - 📞 Call/Text - 385-250-1411 🔴 Subscribe for more tips just like this: https://www.youtube.com/channel/UCgi_... Mortgage brokers often have access to a wide range of mortgage products from various lenders, including large banks, credit unions, and private lenders. This allows them to shop around and compare different rates and terms to find the best mortgage options for their clients. Because they have relationships with many lenders, mortgage brokers can often negotiate lower interest rates and better terms than individual borrowers can obtain on their own. Additionally, mortgage brokers typically work on a commission basis, so they have an incentive to find the best deal for their clients. Overall, mortgage brokers can help borrowers find the best interest rates by leveraging their expertise, network, and negotiating skills. NMLS 103819/3152 Miles Pitcher - Superior Lending Associates, L.C. ------------------------------------------------------------- Other Videos you may like: ○ FHA Pros and Cons: https://youtu.be/BZhgtsGKrrA ○ USDA Loans (0% down loan): https://youtu.be/lJPnzBntDdc ○ Temporary Rate Buydown 3/2/1 2/1 1/0 https://youtu.be/T4RzJ9fct3k ○ What is happening with mortgage rates? Now & Future? https://youtu.be/c00ccpf_rlU ○ Assuming a FHA Loan:https://youtu.be/wbgM8O8hTbY ○ PMI Buyout: https://youtu.be/pTLDooCjXco ○ Should I buy down my rate: https://youtu.be/kSgfV7PoT0U ○ Price Reduction Strategy on a Home Listing: https://youtu.be/A-AdG_uq_pY ○ Due-On-Sale Clause Triggers: https://youtu.be/bsQ57poggNg SOCIALS ________________________________________ https://superiorlending.net/ https://www.facebook.com/superiorlend... https://www.instagram.com/superiorlen... https://www.linkedin.com/in/milespitcher NLMS #103819/3152 #Assumableloan #fhamortgage #fhaloan