Assumable VA Loans
An underused advantage worth asking about.
If you’re buying in San Diego and rates have moved, this is one of the more overlooked ways to come out ahead.
Ask If This Applies To YouHere’s something many buyers and sellers overlook: VA loans are assumable, meaning a qualified buyer can take over the seller’s existing VA loan — including its interest rate.
If you’re buying in a rate environment where existing rates are lower than current market rates, an assumable VA loan can be a meaningful advantage. It’s worth asking about specifically if you’re eyeing a home currently owned under a VA loan.
Not sure if this fits your situation?
Tell me what you’re working with and I’ll give you a straight answer on whether an assumable loan makes sense for your purchase.
Contact Hilary