Assumable mortgage platform Roam partners with national lender on down payment assistance
Briefly

Roam Boost enables buyers with a down payment gap to benefit from a blended rate through assuming an existing first-lien mortgage at 3% and a new second-lien mortgage at market rates.
Assumable mortgages, like those from FHA and VA, offer lower fees, no appraisal requirement, and the opportunity for qualified buyers to adopt existing mortgage terms to bridge the down payment gap.
Read at www.housingwire.com
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