Loan Assumption Agreement Form In Houston

Category:

Loans and Lending - Assumptions

State:

Multi-State

City:

Houston

Control #:

US-00424

Format:

Instant download

Description

This form is an Assumption Agreement. The form provides that the grantee will assume a lien on property described in the agreement. The assumption will become effective on the date provided in the agreement.

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41-3 Redline 11.2022. An assumption transaction may be accomplished with or without consent of the lender.The transaction involves only a title transfer. Ensure all necessary financial information is accurately provided. This document gives the Seller a lien on the property to secure the Buyer's promise to pay the mortgage.

Loan Assumption Agreement Form In Houston

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