Posts Tagged ‘#FHAloans’
How to Use a Co-Signer for Your Mortgage
Understanding Co-Signing—with Stephen Palermo When it comes to Visalia housing loan solutions, co-signing a mortgage loan can help borrowers qualify for financing. As your trusted Visalia loan officer, I often meet clients who consider adding a co-signer to strengthen their loan application. A co-signer agrees to take legal responsibility for the loan if the primary…
Read MoreWhat Is an Assumable Mortgage?
What Is an Assumable Mortgage—with Stephen Palermo, Your Trusted Visalia Loan Officer If you’re considering purchasing a home, you may have heard the term “assumable mortgage.” In simple terms, an assumable mortgage allows a buyer to take over an existing mortgage from the seller, assuming the same interest rate, repayment period, and balance. Instead of…
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