For Sellers - Market Your Assumable Mortgage

Why Market Your Assumable Mortgage?

Attract More Buyers

In a high-rate market (6-7%+), buyers are actively searching for assumable mortgages (2-4%). Marketing your assumable loan can attract significantly more interested buyers.

Sell Faster

Homes with assumable mortgages often sell faster because buyers can save $500-$1,500/month compared to getting a new loan at current rates.

Command Higher Price

Studies show homes with assumable mortgages can sell for $10,000-$20,000 more because buyers value the monthly savings from the low rate.

Seller Considerations by Loan Type

FHA Assumable Mortgages

FHA loans are straightforward to assume. The seller is released from liability once the assumption is completed, and the process is relatively simple.

✓Straightforward release of liability
✓Relatively simple process
✓Assumption fee capped at $900 (paid by buyer)

VA Assumable Mortgages

VA loans are assumable, but there are important entitlement considerations for sellers. The seller's VA entitlement remains tied to the property until the loan is paid off, unless the buyer substitutes their entitlement.

•Entitlement tied until loan paid off
✓Buyer can substitute entitlement (releases seller)
✓0.5% assumption fee (paid by buyer)

How to Market Your Assumable Mortgage

1. Highlight in Listing Description

Make sure your listing agent includes "assumable mortgage" and the interest rate prominently in the listing description. Example:

"This home features an assumable [FHA/VA/USDA] mortgage with a [X]% interest rate - a rare opportunity to save $500-$1,500/month compared to current market rates!"

2. List on Assumable Mortgage Platforms

Consider listing your home on platforms specifically for assumable mortgages:

•Assumable.io
•Roam
•AssumeList

3. Include Rate and Terms in Marketing

Be specific about the assumable mortgage details:

•Current interest rate (e.g., "2.75% assumable mortgage")
•Loan type (FHA, VA, or USDA)
•Remaining loan balance
•Estimated monthly payment at assumed rate

4. Calculate Potential Buyer Savings

Show buyers how much they can save. For example: "With current market rates at 7%, assuming this 3% mortgage would save buyers approximately $974/month compared to a new loan."

Seller Benefits Summary

✓More interested buyers - In a high-rate market, assumable mortgages are highly sought after
✓Faster sale - Homes with assumable mortgages often sell more quickly
✓Higher sale price - Can command $10,000-$20,000 more due to buyer savings
✓Differentiate your listing - Stand out in a competitive market

For Sellers: Market Your Assumable Mortgage

See How We Market Luxury Homes