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by toomuchtodo 2980 days ago
Almost no US mortgage products are assumable.
1 comments
gibybo 2980 days ago
All US government home loan programs are assumable (FHA, VA, and USDA).

This Quora answer indicates that FHA loans alone alone make up a majority of new home loans in the US: https://www.quora.com/What-percentage-of-US-home-loans-are-f...

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toomuchtodo 2980 days ago
I should've said conventional loan products. Thank you for pointing out my mistake.
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djrogers 2979 days ago
While they make up the moajority of new home loans, they only make up ~15% ot total mortgage originations, leaving 85% of homes being mortgaged with conventional mortgages.
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