Is Home Loan Transfer Possible? Here’s What to Know
May 25, 2024 ⚊ 1 Min read ⚊ Views 16 ⚊ BLOGHome loan transfer, or loan assumption, enables a new borrower to take over an existing mortgage under certain conditions. The lender requires the new borrower to meet credit qualifications and adhere to the existing loan terms. This can be particularly useful during property sales or within family transfers. Learn about the eligibility and steps for a successful home loan transfer.
Tags: home loan, Home Loan Transfer