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Foreclosure Forum |
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assumability of mortgage loans in texas???Generally, are mortgage loans assumable by a 3rd party in Texas. If it depends on the loan or the lender, approximately what percentage are assumable? If a loan is assumable (not due on sale), does that mean a 3rd party can take over the existing loan and its terms without getting approval or going through a credit/job check? Where can I find out more information on this? Thanks, Jason
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