The Assumable Guy Show

How Do I Explain Assumptions to My Listing Agent?

Most listing agents are not trying to block your assumable sale. They genuinely have no idea how it works because assumptions were irrelevant for 40 years and nobody trained them on it. Ryan walks sellers through exactly how to explain it, starting with the most common misconception where agents confuse assumable mortgages with subject-to deals, which are two completely different things. He covers how to show your agent the math, how to address the timeline concern, and why marketing your assumable rate brings in more buyers across the board, not just assumption buyers. He also shares a hack for sellers interviewing listing agents and a tip for buyers on how to handle a confused listing agent when writing an offer. If your agent has been hesitant or flat out told you it can't be done, this episode gives you the exact language to turn that conversation around. Hit up assumableguy.com or DM @the.assumable.guy on Instagram.

What if the Home Appraises for Less Than the Purchase Price?

A low appraisal in a traditional deal can blow the whole thing up. In an assumption it works differently, and most buyers don't know why. Ryan breaks down how the appraisal affects an assumed loan versus a conventional one, why a $25,000 appraisal gap might actually be worth it when you're saving $200,000 in interest over the life of the loan, and what happens when a second mortgage lender gets involved and needs the numbers to pencil. He also covers how his team handles low appraisals in real deals, from going back to the seller on price to negotiating inspection concessions to close the gap. The math is what matters, not the appraisal number by itself. If a low appraisal has been sitting in the back of your mind as a reason to hesitate, this episode walks you through how to think about it the right way. Hit up assumableguy.com or DM @the.assumable.guy on Instagram.

Can Two People Assume a Mortgage Together?

Yes, two people can assume a mortgage together and it is one of the most underused strategies in the assumable world right now. Ryan breaks down how co-borrowing works across every scenario: married couples, unmarried partners, friends, siblings, and investment partners. Two incomes mean a stronger debt-to-income ratio, which makes qualifying easier, and splitting the equity gap makes the upfront cash way more manageable. He walks through a real deal where two buyers got into a $440,000 home at 2.99% with only $8,000 each out of pocket, covers how veterans can substitute entitlement to free up a VA seller, and runs the math on a co-borrower paying $700 a month on an assumed loan versus $1,900 on their own conventional loan. If you've been sitting on the sidelines thinking you can't afford an assumable mortgage alone, this episode is worth a listen. Hit up assumableguy.com or DM @the.assumable.guy on Instagram.

What Closing Costs Are Involved in an Assumption?

One of the last things holding buyers back from pulling the trigger on an assumption is not knowing what to budget for closing costs. Ryan breaks it all down in this episode. No origination fees, no discount points, no junk fees from a lender trying to squeeze extra money out of you. On a $450,000 home, conventional closing costs run $13,500 to $22,500. On an assumption of the same home, you're looking at $5,000 to $10,000 total, and in some deals Ryan's team negotiates seller concessions that bring that number down even further. He walks through every line item, covers why most assumption servicers skip the traditional appraisal, and explains how gap loan closing costs are typically built into the second mortgage so you're not coming out of pocket twice. The math on closing costs alone makes a strong case before you even factor in the rate. Hit up assumableguy.com or DM @the.assumable.guy on Instagram.

Will I Lose Money by Allowing an Assumption?

This one is for the sellers. If you are sitting on a rate in the twos or threes and wondering whether letting someone assume your mortgage means leaving money on the table, Ryan breaks down why it is actually the opposite. He walks through the math on why buyers will pay a premium for a home with a 2.5% rate attached, shares a real example where sellers got multiple competing offers including cash and conventional buyers that drove the price up, and addresses the VA entitlement concern that stops most veteran sellers from saying yes. Marketing your assumable rate does not just attract assumption buyers. It attracts everyone. More eyeballs, more showings, more offers. Ryan also covers a real deal where a property sold in 14 days at $542,000 because the assumable angle was marketed correctly. Your rate is not something you are giving away. It is your biggest selling weapon. Hit up assumableguy.com or DM @the.assumable.guy on Instagram.