Coming Soon
Assumptions Coordination
Keep a buyer's low-rate loan moving through the lender's assumption process.
Overview
Taking over a seller's existing mortgage can save a buyer a lot of money, but servicers move slowly and want exact paperwork. We manage the assumption package, follow up with the loan servicer, and keep every party updated so the approval lines up with your closing date.
What's included
- Checking whether the loan can be assumed (FHA, VA, USDA, and others)
- Servicer application, fee, and document package
- Buyer credit and income paperwork collection
- VA entitlement and release-of-liability tracking
- Timeline alignment with escrow and title
How it works
Step 1
Loan review
We confirm the loan type, servicer, balance, and assumption requirements.
Step 2
Package build
We gather buyer and seller documents and submit a complete application.
Step 3
Servicer follow-up
Scheduled check-ins keep the file active and surface conditions early.
Step 4
Approval to close
We coordinate the assumption approval, closing figures, and release of liability.
Outcomes you can expect
- Fewer stalled files at the servicer
- Clear status updates for buyer, seller, and agents
- Closings that land on the agreed date