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Is demand for assumable mortgages about to rise? | National Mortgage News

Roam Offers Access to Mortgages as Low as 2%

Roam enables buyers to secure mortgage loans starting at 2%, leading to a monthly payment that is less than half of what a traditional mortgage demands today.

Roam Raises $1.25M in Seed Funding

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A 3% Mortgage Rate in a 7% World? This Startup Says It Can Do That

Loan assumptions, which let a home buyer essentially take over a seller’s mortgage, are hard to find and hard to pull off.

The AlleyWatch Startup Daily Funding Report: 9/18/2023 – AlleyWatch

Real estate startup promises half-price mortgage rates

Roam is trying to combat over-7% mortgage rates by taking advantage of assumable loans, which sees a seller transferring their mortgage at the rate they secured it at to a buyer.

VC-Backed Roam to Connect Buyers To Assumable Mortgages

In theory, any government-backed FHA, VA and USDA loan is assumable, and with mortgage rates at levels not seen in two decades, interest in this little-used option has been growing.

New York startup Roam launches assumable mortgage platform

New York-based mortgage platform Roam has secured a $1.25 million seed round, allowing the company to officially launch its services on Wednesday.

Roam Wants to Crack Complex World of Assumable Mortgages

Roam Winds Back the Clock on Rates, Offering Access to Mortgages as Low as 2%