Ultra Low Interest Rates
Assumable homes have lower interest rates, typically around 2-4%. This lower rate can significantly slash your monthly mortgage payment in half, giving you more buying power and long-term savings.
Rates as low as 2%
Assumable Homes for sale in Arizona
Find homes with ultra low rates. Save thousands every month.
2000+ UMe Assumable Properties available
Assumable mortgages, simply explained
What is an assumable mortgage
An assumable mortgage allows a homebuyer to take over a seller’s current loan, locking in ultra low interest rates and saving on closing costs.
Lower Closing Costs
Assumable homes can save you thousands in closing costs since they may not require an appraisal, origination fees, or other expenses typical of a new mortgage—keeping more money in your pocket.
Thousands in Interest Paid
With an assumable loan, thousands in interest have already been paid, so you’re not starting from square one like with a new mortgage. More of your payments go toward the principal, helping you build equity faster.
Verified and ready
The latest certified properties in the market
Certified properties have completely accurate information from the listing agent. They are verified and ready for you to take over!
How it works
How it works with EXP Realty
- 01
Get pre-screened to assume
Our partner, UMe, qualifies you to make sure you’re eligible to assume with a low rate, guaranteed.
Apply to Assume - 02
Shop for low-rate homes
Browse through more than 2,000 properties and inquire about the ones you like best.
Explore all listings - 03
Close on your dream home
UMe collects 1% of the purchase price and handles the entire assumption process for a stress-free experience.
Start Browsing Properties
Start with a pre-screen, then browse homes with existing low-rate loans.
Explore all listingsThe National Loan Assumption Experts
We proudly partner with UMe, the home assumption experts
Loan assumptions are making a comeback from the 80’s, but most servicers are still figuring them out. That’s why we partner up with UMe Projects, the national loan assumption experts.
UMe has built exclusive relationships with servicers—even helping shape policies—to make home loan assumptions seamless.
Full Service – From paperwork to negotiations, they take care of it all.
They Fight for You – UMe works on your behalf to make the closing happen.
Smoother Closing – They navigate the red tape, so you don't have to.
For everyone involved
Assuming a loan is a win-win for everyone
01
Buyers
Mortgage assumptions can significantly lower a buyer's monthly payments, have lower interest rates, and offer savings on closing costs.
02
Sellers
For sellers, mortgage assumptions open the door to a larger pool of qualified buyers. Many times this results in higher sales prices.
03
Investors
Investors can grow their real estate portfolios by using low-rate loan assumptions, gaining access to properties with great financing terms.
EXP Realty
Svitlana Kwee is a certified assumption expert
Svitlana has completed advanced training in loan assumptions—an area most agents overlook. They understand the detailed steps, lender requirements, and how to guide buyers and sellers smoothly through the process. With Svitlana, you’re not just getting a realtor—you’re getting a knowledgeable partner who knows how to turn a complex process into a smart opportunity.
Feel free to contact us
Do You Have Any Questions?
Check out this FAQ to get more information
What does 'assumable mortgage' mean?
An assumable mortgage is a home financing option where the buyer takes over the seller's existing mortgage terms. This can be highly beneficial, often leading to lower monthly payments. Certain government-backed loans like FHA and VA loans are assumable, and many are available.
How can I be eligible for an assumable mortgage?
While final approval comes from the current mortgage servicer, the process generally requires the buyer to meet the lender’s qualification criteria. If you qualify for an FHA mortgage, you should also be eligible to assume one.
How do I identify properties with assumable mortgages?
Once you register, our team will reach out to you and curate a list of properties with low-rate assumable mortgages that match your needs.
Why is opting for an assumable mortgage advantageous?
In times of high interest rates, taking over an existing mortgage with a rate as low as 2% can result in significant savings. An assumable mortgage allows you to secure your dream home without overpaying on interest.
Is a down payment necessary?
Yes. Buyers must cover the seller’s equity, which is the difference between the sale price and the remaining mortgage balance. This can be paid in cash or through a secondary mortgage. We can connect you with lenders for financing options.
Which mortgages can I assume?
FHA and VA loans are assumable by default. Most conventional loans are not assumable, but some lenders may allow assumptions under special conditions.
