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Assuming a Home Mortgage/Loan?

Assuming home mortgage loan
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Assuming a Home Mortgage/Loan?

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My wife and I are considering assuming a loan on the home we’re renting. The owner has a neg am loan with an interest rate that will bonnet no higher than 11%. He’s currently 1.5 years into a 5 year fixed. We’re concerned about the glorious interest rate so…

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