Are FHA loans assumable? PDF Print E-mail

Are FHA loans assumable?

Lenders will only permit those loans that have a "subject to transfer" clause to be taken over through a formal assumption process. Look to your loan agreement for specific terms. In addition, you should candidly discuss any risks with your lender, and possibly consult an attorney before signing the final agreement.



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Last Updated ( Wednesday, 30 July 2008 )
 
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