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Introducing Kenna Real Estate Group: Your Subject-To and Loan Assumption Experts in Colorado
Are you seeking innovative real estate solutions that extend beyond conventional norms? Look no further than Kenna Real Estate Group, your premier partner in navigating the intricate world of subject-to-mortgage transactions and loan assumptions. We are your trusted guides in Colorado's diverse real estate landscape, serving a vast expanse from Greeley to Fort Collins, throughout the Denver Metro area, and all along the picturesque Front Range to Colorado Springs.
Talk to a loan-assumption expert
The Kenna Group at Keller Williams DTC helps Colorado buyers and sellers who want to take over an existing loan. Here is what we do:
- Find assumable FHA and VA loans. See Colorado FHA assumable homes and Colorado VA assumable homes for sale now, or read the Colorado assumable mortgage guide.
- Run the numbers. The loan balance, the rate, the monthly payment, and the cash you need to cover the gap between the price and the balance.
- Coordinate with the loan servicer. The servicer reviews the buyer and decides on the assumption. We keep the paperwork and the deadlines moving.
Call or text 303-955-4220. A live person answers. Or send us your question with the form on this page.
Why Choose Kenna Real Estate Group?
1. Subject-To Mastery:
Our team at Kenna Real Estate Group at Keller Williams DTC understands how subject-to transactions work. In a subject-to purchase, the buyer takes title while the seller's existing mortgage stays in place, in the seller's name. It can mean a lower rate than a new loan, but it carries real risk: most mortgages have a due-on-sale clause, so the lender can demand the full balance after the transfer, and the seller's credit is exposed if payments stop. We explain the risks to both sides in plain words and bring in a real estate attorney before anyone signs.
Ready to find your dream home in Colorado?
Let us help you. Call or Text Kenna Real Estate Group at 303-955-4220 to get personalized assistance from our expert real estate agents. Find out what your home is worth in today's market.
2. Loan Assumption Expertise:
Navigating loan assumptions requires intricate knowledge of mortgage agreements and financial intricacies. A formal assumption is the safer route: the loan servicer approves the buyer, and the buyer becomes responsible for the loan. We find homes with assumable FHA and VA loans, compare the loan terms, help negotiate how the gap between price and balance gets paid, and work with the servicer through approval, helping you step into homeownership or exit property ownership with confidence.
3. Extensive Coverage:
Kenna Real Estate Group boasts a comprehensive understanding of the local real estate markets with a reach extending from Greeley to Fort Collins, encompassing the vibrant Denver Metro area and stretching along the scenic Front Range to Colorado Springs. Our insights are your advantage, as we help you make informed decisions based on real-time market trends and property values.
Ready to find your dream home in Colorado?
Let us help you. Call or Text Kenna Real Estate Group at 303-955-4220 to get personalized assistance from our expert real estate agents. Find out what your home is worth in today's market.
4. Proven Track Record:
Brian Lee Burke, our team leader, has been licensed in Colorado since 2003. The Kenna Group at Keller Williams DTC works on complex sales every week, including assumptions, short sales, foreclosures and HUD homes.
5. Holistic Approach:
We recognize that real estate transactions are not merely financial endeavors but life-changing events. Our holistic approach ensures we tailor our services to your unique needs, aspirations, and circumstances. Your journey with us is marked by transparency, empathy, and a commitment to securing your best interests.
Ready to find your dream home in Colorado?
Let us help you. Call or Text Kenna Real Estate Group at 303-955-4220 to get personalized assistance from our expert real estate agents. Find out what your home is worth in today's market.
Loan assumption and subject-to: the plain facts
- FHA loans can be assumed. For FHA loans made since December 15, 1989, the servicer checks the buyer's credit and income much like a new loan, and the buyer must live in the home. Investors generally cannot assume them.
- VA loans can be assumed by a qualified buyer, and the buyer does not have to be a veteran. The servicer reviews the buyer's credit under VA rules, and VA charges a 0.5% funding fee on assumptions unless the buyer is exempt. The seller's VA entitlement stays tied to the loan unless the buyer is an eligible veteran who substitutes their own entitlement.
- The gap. If the price is higher than the loan balance, the buyer pays the difference in cash or with a second loan.
- Subject-to is different. In a subject-to sale the buyer takes the deed while the seller's loan stays in the seller's name, with no servicer approval. Most mortgages have a due-on-sale clause, so the lender can call the full balance due after the transfer. The seller's credit stays on the line if payments are missed. Talk to a real estate attorney before any subject-to deal.
The Kenna Group are real estate agents, not lenders or attorneys. The loan servicer, not us, approves or denies an assumption, so we cannot promise approval. This is general information, not legal or lending advice.
Talk to a loan-assumption expert
The Kenna Group at Keller Williams DTC helps Colorado buyers and sellers who want to take over an existing loan. Here is what we do:
- Find assumable FHA and VA loans. See Colorado FHA assumable homes and Colorado VA assumable homes for sale now, or read the Colorado assumable mortgage guide.
- Run the numbers. The loan balance, the rate, the monthly payment, and the cash you need to cover the gap between the price and the balance.
- Coordinate with the loan servicer. The servicer reviews the buyer and decides on the assumption. We keep the paperwork and the deadlines moving.
Call or text 303-955-4220. A live person answers. Or send us your question with the form on this page.
Contact Kenna Real Estate Group Today: Your Journey Awaits
Regarding subject-to-transactions and loan assumptions in Colorado, The Kenna Group at Keller Williams DTC is ready to help. With experienced agents and a service area from Fort Collins to Colorado Springs, we are your partners in realizing your real estate ambitions. From the sweeping plains of Greeley to the bustling heart of Denver and beyond, let us guide you every step of the way. Reach out to Kenna Real Estate Group today and embark on a real estate journey that transcends boundaries and redefines possibilities.
