๐Ÿ  ASSUMABLE MORTGAGES: โ€” Exclusively for NOW Nation-The Secret Weapon
๐Ÿ  ASSUMABLE MORTGAGES: The Secret Weapon in a Locked Market!
Randy's notes from my certification call with Nora Simpson | AssumeList.com
Here's the reality right now:๐Ÿ“Š 70% of U.S. mortgages have rates of 5% or lower๐Ÿ“Š 80% of buyers say they're waiting for rates to drop๐Ÿ“Š Meanwhile, those loans are ASSUMABLE and most agents have NO idea. The needle is in the haystack. Now we have a way to find it. ๐Ÿ‘‡
This company has a 100% close rate (blew my mind) and the longest escrow was 60m days (blew my mind again). You have no idea how good that is. They have a TC that handles all and is paid off escrow.
๐Ÿšง OBSTACLE #1 โ€” Misconceptions most buyers AND agents don't know non-vets can assume VA mortgages. Education is your competitive edge.
๐Ÿ“บ Watch this 14-min video: homes.assumelist.com/watch
๐Ÿ’ฐ OBSTACLE #2 โ€” The Cash GapAssumables typically require ~10% cash. Here's the fix:โœ… Preferred lenders offer 2nd mortgage options (HELOC, etc.)โœ… Strategy = Primary assumption + Secondary financing = Deal closed
โšก OBSTACLE #3 โ€” Service ResistanceAssumeList handles the ENTIRE transaction โ€” contract to close.
  • MY NOTES: Not Gospel. :)
  • Flat fee: $2,350 (TC included)
  • Team closes 50/month
  • Never had a turn-down NEVER
  • Never longer than 60 days ๐Ÿคฏ
๐ŸŽ–๏ธ VA LOAN DEEP DIVE This is where it gets powerful for your investor clients:
  • VA seller can leave VA entitlement on the property
  • Buyer can rent it out on Day 1 (12-month requirement already satisfied by VA seller)
  • If the buyer defaults, the seller's credit is NOT affected, unlike SubTo deals
  • No mortgage insurance. Lower rates. Non-occupant allowed.
  • Average VA entitlement: $832,000 (goes up every year)
๐Ÿ› ๏ธ YOUR SCRIPT: "I can get you into a 2.25 to 4% assumable loan." Would that be valuable for you.
In a market where everyone's waiting โ€” YOU have the answer.
๐Ÿ’ฌ Drop your questions below in commentsโ€” We will have Nora on a team call training soon. And if you're an eXp agent in Now Nation ORG, you will get certified in assumable loans and access to them for FREE!
If you can't wait: Contact: AssumeList.com | Nora direct-(703) 552-5465
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Randy Byrd
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๐Ÿ  ASSUMABLE MORTGAGES: โ€” Exclusively for NOW Nation-The Secret Weapon
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