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William Smith
Keller Williams Realty
229 Route 32
Central Valley, NY, 10917
Cell: 845-728-6162
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Lic. #: 40SM1053495
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Are FHA loans assumable? | Print |

Are FHA loans assumable?

Lenders will only permit those loans that have a "subject to transfer" clause to be taken over through a formal assumption process. Look to your loan agreement for specific terms. In addition, you should candidly discuss any risks with your lender, and possibly consult an attorney before signing the final agreement.



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Last Updated ( Tuesday, 29 July 2008 )
 
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