Making an offer “subject to the existing mortgage” is one of the best ways to buy a home if you can’t qualify for a new mortgage loan. Simply put, a buyer and seller agree that the seller will allow the buyer to take over the seller’s mortgage payment. Usually done for a period of one,
Buy A Home Without Qualifying, “Subject-To The Existing Mortgage”
February 16, 2015 by Donna S. Robinson
Filed Under: Real Estate, US Real Estate Tagged With: buying a home, existing mortgage, home finance, lender, loan, mortgage, no credit, no qualifying, subject to