Is There a Fee to Assume a Mortgage Loan?

We do hope you are having a great Thursday afternoon despite the gray sky and the rolling thunder. Is there a fee for a loan assumption? Yes, there is. You will need to pay the closing cost associated with the loan assumption, the same way you would pay the closing cost associated with getting a mortgage loan. 

As always, thank you so much for stopping by. Remember, if you are thinking of purchasing your first home, please give us a call 713.204.8013 or Email us. We are here to help. We have been helping Houston first time home buyers since 2011 and we can help you. I hope you have an amazing day. Until next time...Diana