The Assumable Guy Show

Most people count themselves out before they even pick up the phone. Ryan breaks down exactly what the credit requirements look like for VA, FHA, and USDA assumptions, and the numbers will surprise you. FHA assumptions start at a 500 minimum credit score, VA has no floor set by the VA at all, and here's the part nobody talks about: your credit score does not affect the rate you get on the assu...

The assumption process takes 45 to 90 days. The banks are going to be annoying. Ryan doesn't pretend it's easy, but he walks you through exactly what to expect so there are no surprises. This episode covers the full timeline: making a strong offer with assumable clauses, how the assumption processor pushes the deal through the bank, why banks add friction on purpose (and why they're re...

You do NOT need to be a veteran to assume a VA loan. But there's a catch involving VA entitlement, and most people (including most real estate agents) don't understand how it works. Ryan breaks down what entitlement is, why most VA sellers say no to non-veteran buyers, and why about 10-20% say yes. He explains how sellers keep most of their VA benefit even after letting someone assume thei...

The #1 thing that stops buyers from assuming a mortgage is the equity gap, the difference between what the home is worth and the remaining loan balance. Sometimes it's $15,000. Sometimes it's $100,000. In this episode, Ryan explains what the equity gap is, shares real client examples (Jeremy: 15k down, 2.65% rate / Ben and Liz: 16k down, 2.99% rate), and walks through the 5% down solution with a s...

You can take over someone's existing mortgage at their original interest rate. You can get a 2.5% interest rate. Even today! In this episode, Ryan breaks down what an assumable mortgage is, which loans qualify (FHA, VA), and why the math is jaw-dropping. A $500,000 loan at 2.5% saves you roughly $390,000 in interest compared to a new loan at 6.8%. He also explains why almost nobody knows about...