Vancouver, Camas and Battle Ground Washington real estate listings, home buying, selling and relocation information

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About Me: Vancouver, Camas and Battle Ground Washington home buying, real estate listings, and homes for sale in Clark County County, WA

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Financing Your Home >Assuming a Mortgage

You may be able to assume the seller's mortgage liability when buying a house instead of having to apply for a new loan.

Assuming a loan could minimize your down payment or closing costs and get you a more advantageous interest rate. To know whether an assumption will work, find out the loan balance. If the balance is a small fraction of the purchase price, you will have to come up with a large down payment or get a second loan for the difference, unless the seller is willing to provide some of the financing. If the loan balance is high, the loan may have been made when interest rates were higher than they are today.

Most newer loans that are assumable have adjustable rates. If you are considering an assumption because of credit problems, you will need the lender's approval to make the transaction work.

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Q	What is the busiest airport in the world?
A	According to the Airports Council International, the Hartsfield International Airport in Atlanta, Georgia is currently the busiest airport in the world, serving 76.87 million passengers per year.
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Lori Anderson-Benson, REALTORŽ, real estate agent and broker for Vancouver, Camas and Battle Ground Washington home listings, property and land for sale - NUMBER1EXPERT(tm)

Lori Anderson-Benson
RE/MAX Equity Group Realtors Inc.
1301 SE Tech Center Drive, Suite 150
Vancouver, WA. 98682
Mobile: 360-241-0199
Office: 360-256-5733 ext. 2087
Toll Free: 800-867-5733 ext. 2087
Fax: 360-256-6554
Email: andersonbenson@NUMBER1EXPERT.com
As a Clark County native with over 15 years experience, Lori Anderson-Benson is the Number One choice in the Vancouver-Portland Metro Area. She is a Luxury Homes Marketing Specialist as well as 1 of the 75 Top Producers in Clark County. She is a REMAX Top 10%Producer. Her extensive area knowledge, superior customer service, and excellent negotiating skills will help you whether you are in the market to buy or sell a home. Client satisfaction is Lori's top priority and it shows through her referrals and repeat business. She not only listens but really understands what YOU have to say because your needs come first. She will put her honesty, integrity, and professionalism to work for you because she has your best interests at heart. For more Information, call or email me today!

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