Mortgage Glossary

Assumable Mortgage

A mortgage that can be transferred from the seller to the new buyer. Generally, it requires a credit review of the new borrower, and lenders may charge a fee for the assumption.

View the Mortgage Glossary

Search for something...

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Is this your Fairway Loan Officer?
NAME
NMLS#:
NMLS#
Title:
title here
Email: