What Is an Assumable Mortgage?

By Stephen | May 13, 2025
Image of Stephen Palermo with Gold Standard mortgage standing in Visalia discussing What Is a Credit Score?

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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What is the Accuracy of Zestimate’s?

By Stephen | May 6, 2025
Image of Stephen Palermo sitting in front of Visalia Office Gold Standard mortgage Logo explaining Buy With No Down

How accurate are the online third party Home estimates like Zestimate’s—with Stephen Palermo Mortgage calculators and online home estimates, like those from Zillow or Redfin, are popular tools for potential homebuyers. These calculators give quick, rough estimates of monthly payments or property values, but what is the accuracy of Zestimate’s? As your trusted Visalia loan…

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