Thank you for choosing Kaiser Financial Services, Inc. for your personalized home loan. If you prefer not to fill out the secure application online, you may call Roger directly and he'll take your information over the phone (TEL 760-383-1293); or you may print out the following PDF's (Loan Application; Borrower Credit Application), fill them out, and either fax them back to us (FAX 760-482-1293) or scan and email them to Roger@KaiserFinance.com.
KAISERFINANCE.COM
Personalized Home Loans
Kaiser Financial Services, Inc. NMLS 110855
ASSUMABLE LOANS
Sell Assumable Loan.Com
Selling an Assumable Home Loan allows a Buyer to take over, or "assume," the Seller's existing low-interest rate loan under the same terms, interest rate and remaining balance.
Win for Sellers
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Increased Marketability: Makes the property more attractive to buyers, especially if the mortgage has a lower interest rate than current market rates.
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Potential for Faster Sale: Buyers may be more willing to move forward quickly due to favorable loan terms.
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Reduced Closing Costs: Assumable mortgages often have lower closing costs compared to new loans, appealing to buyers.
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Broader Buyer Pool: Attracts buyers who might otherwise be deterred by higher financing costs.
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Smooth Transition: Streamlines the sales process by allowing the buyer to step into the existing mortgage agreement.
Win for Buyers
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Lower Interest Rates: Buyers can benefit from the seller's existing lower interest rate if market rates are higher.
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Reduced Monthly Payments: Lower interest rates often mean lower monthly payments compared to a new mortgage at current rates.
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Predictable Terms: Provides certainty with established loan terms, including the remaining balance and fixed rate, if applicable.
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Shorter Loan Term: Buyer takes over remaining term of loan, typically 27 years or less.
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Potential Equity Opportunity: Allows buyers to leverage the seller's equity, which might lead to reduced overall borrowing costs.