What is a Loan Assumption?

Your heart might skip a beat here. You’re going to think I’m crazy when I say: this is an exciting time for real estate! Why in the world would I say this when rates are high? Because then more creative options become available to consumers, like buying a home with a loan assumption, and saving over 7 figures over the life of the loan. Read this article to learn everything you need to know about loan assumptions for today’s market and how amazing the savings are.