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2. Mortgage assumption - Wikipedia

   en.wikipedia.org/wiki/Mortgage_assumption

   Transfer of property with an existing mortgage loan that is made without the lender's consent is sometimes referred to as a sale "subject to" the existing loan. In most cases, this type of transfer does not avoid the lender's right to call the loan due under the due-on-sale provision in the loan.

3. Assumable mortgage: What is it and how does it work? - AOL

   www.aol.com/finance/assumable-mortgage-does...

   Up until the 1980s, assumable mortgages were the norm. That changed in 1982 with the passage of the Garn-St. Germain Act, which allows lenders to enforce due-on-sale clauses if a property changed ...

4. What is a wraparound mortgage and how can help ... - AOL

   www.aol.com/finance/wraparound-mortgage-help...

   During a wraparound mortgage, the seller maintains their own mortgage and acts as a lender to the buyer, extending them the money to purchase the home. The buyer‘s mortgage “wraps around ...

5. Due-on-sale clause - Wikipedia

   en.wikipedia.org/wiki/Due-on-sale_clause

   Virtually all mortgage loans made in the United States by institutional lenders in recent years contain a due-on-sale clause. These clauses are meant to require the loan to be paid in full in the case of a sale or conveyance of interest in the subject property. This is in contrast to the wide availability of assumable mortgages in the past ...

6. When should you refinance your mortgage? - AOL

   www.aol.com/finance/when-to-refinance-mortgage...

   Let’s say you currently pay $1,800 per month for your home loan with a 7.75% interest rate, with $250,000 and 25 years left on your mortgage. Here’s how your existing mortgage would compare to ...

7. Types of mortgage lenders and how to choose - AOL

   www.aol.com/finance/types-mortgage-lenders...

   According to 2022 Home Mortgage Disclosure Act data, the top five biggest mortgage lenders are Rocket Mortgage, United Shore Financial, LoanDepot.com, Wells Fargo and Fairway Independent. Show ...