Assume a loan

Finding someone to assume your mortgage payment is easier than you might think. A mortgage assumption involves simply finding a willing and able buyer to take on the responsibilities of your home loan and to assume all aspects of the loan. Loans can even be assumed up to the very day a home is foreclosed on. The buyer will relieve you... more »

If you are facing financial challenges, you may worry that foreclosure is on the horizon. If you are like other men and women in Arizona, the prospect of a foreclosure on your home or another piece of real estate is a very real prospect. There is some affirmative action that you can take in order to ward off the prospect of... more »

Getting out of a new car loan is not as impossible as some lenders and dealerships want you to think. If you find yourself obligated to pay for a new car loan you longer need, want or can afford, there are ways to save your wallet and your credit. It is important to understand all of your options and make a responsible choice before... more »

Assuming a mortgage (taking over someone else's mortgage) is an alternative to getting a new loan and can sometimes be the least expensive way to finance a property. more »

When you assume a seller's loan, you simply take over the seller's existing loan and make the same payments the seller was making, under all of the same terms and conditions. This can be a benefit to a new buyer, especially if the assumable loan is at a lower interest rate than a buyer could get today. Not all mortgages are assumable.... more »