Some closings are more than just a transaction—they’re a testament to persistence.
These buyers knew they needed a larger home for their growing family, but they also knew they didn’t want to take on today’s 6.5% interest rates if there was another option.
So we got creative.
We searched across two counties looking for the right 5-bedroom home and finally found the perfect fit in St. Johns County. Then came the hard part: getting everyone on board for an FHA loan assumption and navigating a process that seemed determined to test everyone’s patience.
Loan assumptions aren’t easy. They take time, persistence, and a lot of problem-solving. But after 2 months of hard work from these buyers, the sellers, and everyone involved, we crossed the finish line today.
Instead of taking on today’s higher rates, these homeowners are stepping into a 2.875% interest rate—saving thousands over the life of their loan and giving them more room in their budget to invest in what matters most: their family and their new home.
Congratulations to my buyers! Your determination paid off, and I couldn’t be happier for your family.
If you’ve heard about FHA or VA loan assumptions and are wondering how they work, I’d be happy to share what I learned from helping this family make it happen.
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