Buyers, cut your mortgage payments in half!
In today's high interest rate market, UMe connects buyers with assumable mortgages, helping you lower payments an avoid high interest rates while securing your dream home.
Explore all listingsMaking home ownership affordable again
Our mission is to revolutionize the real estate experience through assumable mortgages, making homeownership affordable again.
We empower buyers, sellers, and real estate agents with the knowledge and resources needed to make informed decisions and achieve their homeownership goals, promoting transparency, efficiency, and affordability in the process.
By connecting all players in the real estate market and offering certified listings in one convenient place, UMe simplifies the home buying and selling journey, creating a more inclusive and accessible housing market for everyone.
What is an assumable mortgage?
An assumable mortgage allows you to take over the seller’s existing loan, including its current interest rate and terms. This can lead to substantial savings, particularly in a high-interest rate market. UMe’s expertise in assumable mortgages ensures you navigate this process seamlessly, securing the best deal possible.
Lower Interest Rates
If the current mortgage rate is lower than current market rates, assuming the mortgage allows the buyer to inherit this lower rate, resulting in lower monthly payments and overall interest costs.
Reduced Closing Costs
Assumable mortgages often have lower closing costs compared to taking out a new mortgage, as there's often no need for a new appraisal, loan origination points or fees, or other associated costs.
Easier Qualification
Assuming a mortgage can be easier than qualifying for a new mortgage, especially for buyers who might not meet today's stricter lending criteria or have less-than-perfect credit.
Flexibility For Sellers
For sellers, having an assumable mortgage can make their property more attractive to potential buyers and become available to a greater pool of qualified buyers, leading to a quicker sale.
Ready to buy with UME Realty Group
Buying with UMe is simple and stress-free. Just sign up, search, and secure your dream home in a few easy steps.
FHA and VA Assumable Mortgages
Both FHA and VA loans are assumable under most conditions. FHA loans are attractive for their low down payments and flexible eligibility, while VA loans offer competitive rates to eligible veterans and active-duty members. When considering an assumable mortgage, it is essential to understand the specific conditions and requirements for the assumption process of each loan type and that is where we come in.
Step 1
Explore assumable mortgage listings
Sign up to find eligible homes with rates well below current market rates. Discover homes eligible for assumption with rates well below current market standards. Sign up and start finding your dream home today!
Step 2
Get pre-screened to assume a mortgage
Get pre-screened quickly with built-in low rates and payments that fit your budget. Our experts guide you through the process of assuming a mortgage seamlessly.
Step 3
Leave the details to us
We take care of working with your agent, the loan servicer, and the sellers.. so you don’t have to.
Step 4
Get your keys and smile
Congratulations on your new home! Enjoy the benefits of obtaining a low rate with UMe.
We collect a buyer paid fee of 1% of the purchase price upon a successful closing and through the transaction closing costs. This assures everyone a simple and stress-free experience.
You get immediate savings.
When you buy with UMe, you don't have any new mortgage loan costs...because there isn't a new loan. Many mortgage lenders charge 1-2% in fees. You've already saved thousands!
You get long term savings.
Most UMe clients can expect to save between $500 and $1,800 per month. That equates to $6,000 to $21,600 per year...every year!
Sooo...what’s the catch here?
None. Buyers Win. Sellers Win.
It's the only true win-win we've seen in the industry since assumptions in the 80's.
Do You Have Any Questions?
Check out this FAQ to get more informationWhat makes a loan assumable?
Why is an assumable loan valuable?
How much down payment do I need?
Do I have to have cash for the entire down payment?
If I sell with my assumable loan, am I still liable?
If someone assumes my VA loan, have I lost my entitlement and ability to get another VA loan?
Can UMe work with my agent?
What does UMe charge?
Follow Us
Agent/Broker
Cody RamirezUME Realty Group+14805991734cody@umerealtygroup.comMLS SA690269000Resources
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