Frequently Asked Questions

TransferMortgage unleashes the value of assumable FHA and VA mortgage transfers for Real Estate agencies and their clients.  We do so by instantaneously identifying properties with high-value assumable mortgages during the seller listing and buyer property search processes and returning a proprietary score card that compares the value of assuming the existing mortgage vs a new conventional mortgage.  The scorecard details the reduction in monthly payments, the total interest savings, the faster home equity build and the number of years earlier the mortgage will be paid off.

We would love to meet you.!  Please see the "About Us" tab, email us at dean.sheaffer@transfer-mortgage.com frank.mckelvey@transfer-mortgage.com or call us at +1 484-269-1719.

The Federal Housing Authority (FHA) provides mortgage insurance for a person to purchase or refinance a principal residence. The mortgage loan is funded by a lending institution, such as a mortgage company, bank, savings and loan association and the mortgage is insured by HUD.  To learn more about FHA programs see this link:  https://www.hud.gov/program_offices/housing/sfh/ins

The Veterans Administration (VA)  helps Veterans, Servicemembers, and eligible surviving spouses become homeowners. As part of their mission to serve you, they provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy.  To learn more about VA mortgage programs see this link: https://www.benefits.va.gov/homeloans/

All FHA-insured mortgages are assumable. Mortgages originated before December 1, 1986 generally contained no restrictions on assumability, while those originated after that date have certain restrictions... the lender may require a credit worthiness review of the assumptor.  To learn more about mortgage assumption law and regulation see this link:  https://www.hud.gov/sites/documents/4155-1_7.PDF