01.
Unlock a 2.75% VA Assumable Loan & Save Over $1,000/Month
Take over the seller’s existing VA mortgage on 30 Highland Dr at just 2.75% interest. Immediate and substantial savings compared to today’s ~6.25% rates.
02.
How It Works & Who Qualifies
VA-Eligible Buyer: Must be a veteran, active-duty, or surviving spouse.
Simple Application: Complete a brief lender credit check and VA entitlement review.
Funding Fee: One-time VA fee required at assumption. (Likely 0.5%)
Top-Up Financing: You assume the seller’s loan balance at 2.75% and arrange a conventional (or cash) loan for any difference between the assumable balance of $480,000 and the purchase price.
03.
Real Savings & Financing Example
At a $480,000 purchase price:
• Assumed VA loan @ 2.75% → Principal & Interest = $2,024.22/month
• Non VA loan @ 6.25% → Principal & Interest = $3,052.97/month→ Save $1,028.75 every month! !!!
04.
Ask your Realtor to Contact Us
We will provide them with an information packet which they can share with you.