katymartinez4807 katymartinez4807
  • 26-03-2024
  • Business
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Jon is purchasing a home from Sally. Jon wants to assume the FHA loan that Sally currently has on the property. Jon is most likely to be able to assume the loan if which of the following is true?
1) The loan is assumable
2) The loan has a low interest rate
3) Jon has a good credit score
4) Sally agrees to transfer the loan

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