How to Transfer a Home Loan to Someone Else?

May 25, 2024 ⚊ 1 Min read ⚊ Views 31 ⚊ BLOG

Transferring a home loan to another person, also known as a loan assumption, is possible under certain conditions. The new borrower must meet the lender’s credit criteria and accept the existing loan terms. This option can be useful for property sales or family transfers. Discover the necessary steps and eligibility requirements for a seamless loan transfer process.

Read details: https://bankbrick.com/blog/can-we-transfer-home-loan-from-one-person-to-another

Tags: home loan, Home Loan Transfer

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