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Banner Realty is Independently Owned and Operated
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Assumable Mortgage A mortgage that can be taken over ("assumed") by the buyer when a home is sold.
A provision in an assumable mortgage allows a buyer to assume responsibility for the mortgage from the seller. The loan does not need to be paid in full by the original borrower upon the sale or transfer of the property.
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Banner Realty has been #1 in the market place MLS since l992 in sold listings. We serve the area with full time top career agents for the highest quality service available. (989) 356-1177 Real Estate Websites by iHOUSEweb, Inc. ®
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