Don't accept assumption offers blindly.
Many assumption transactions fail because buyer qualification, the equity gap and the financing strategy were never reviewed. Our Realtor Partner Program gives listing and buyer's agents the education to ask better questions before a seller commits to an offer.
Become a Realtor Partner View the CoursePARTNER
Assumption Readiness for Agents
What to check before a seller commits.
- Buyer qualification reviewed
- Equity gap calculated
- Financing strategy discussed
- Timeline understood
Why assumption deals fall apart
Assumptions can be a strong option for the right buyer and seller, but they carry more moving parts than a standard sale. The same issues come up again and again.
Qualification never reviewed
The servicer or agency must approve the buyer. If the buyer's qualifications were not reviewed early, a deal can stall late in the process.
Equity gap never calculated
The difference between the price and the loan balance can require significant cash or other financing. Buyers are often surprised by it.
No financing strategy
Without a plan to cover the gap, the seller may have accepted an offer that cannot close.
Timelines misunderstood
Servicer review can take longer than a typical purchase. Contract dates should reflect that.
What you will understand after the course
Assumption Education™ is the same short course we offer to consumers, so you and your clients speak the same language.
Which loans may be assumable
How FHA, VA and USDA assumptions differ from a new loan, and what to ask the servicer.
The equity gap
How price, balance and equity interact, and what it means for your buyer's cash needs.
How approval works
What servicers and agencies typically review, the general steps, and why timelines vary.
Common reasons assumptions fail
Warning signs you can spot before a seller commits to an offer.
Preparing for a Readiness Review™
The documents and questions that make an Assumption Readiness Review™ more useful.
Quiz and certificate
Finish the quiz and receive your Assumption Education Certificate™ after you complete the course.
Your path to becoming a Realtor Partner
Three steps, designed to fit around a busy schedule.
Broker or team presentation
A free overview of FHA, VA and USDA assumptions for your brokerage or team. Request one, or go straight to the course.
Complete Assumption Education™
Take the 45-minute course with five lessons and a quiz. When you finish, you receive your Assumption Education Certificate™ and Certified Assumption Agent designation.
Become a Realtor Partner
Certified agents join our partner network and receive checklists, talking points and updates as guidelines change.
Certified Assumption Agent. This designation means you completed our educational course. It is not a license, government credential or endorsement by HUD, FHA, VA or USDA.
Enroll as a Realtor Partner
Complete Assumption Education™ to begin your partner journey. Price: $0.00. Taught with our expert partners at GAMC Group.
- 5 video lessons (about 45 minutes)
- Quiz at the end of the course
- Assumption Education Certificate™ on completion
- Certified Assumption Agent designation
- Agent checklists and talking points
- Partner updates as guidelines change
How a Realtor Partner can use this with clients
Listing agents
Before accepting an assumption offer, understand what the buyer must show and how the equity gap will be covered.
Buyer's agents
Help your buyer understand qualification, cash needs and timing before writing an offer on an assumable loan.
Brokers and teams
Bring a consistent, plain-language understanding of assumptions to every agent on your team.
When a client wants to go further, they can begin with the free assumption assessment and, if appropriate, schedule an Assumption Readiness Review™. Clients are always free to choose any lender, Realtor or settlement service provider.
Realtor questions
Do I have to pay to become a Realtor Partner?
Partners complete Assumption Education™, which is a paid course. The fee is for education only. After you finish, you receive your Assumption Education Certificate™.
Do I have to refer clients to you?
No. Participation is educational and does not require any referral. Consumers always choose their own lender, Realtor and settlement service providers.
Are referral fees paid?
No. No fee, payment or thing of value is given or received for referrals of settlement service business.
How long does the course take?
About 45 minutes: five short video lessons and a quiz. You can finish in one sitting.
Can my whole team take it?
Yes. Request a broker or team presentation using the form below, and we will follow up about team enrollment.
Request Realtor Partner information
Tell us a little about you and we will follow up about the course, a broker presentation or team enrollment.
RESPA compliance. No fee, payment or thing of value is given or received for referrals of settlement service business. Participation is educational only and does not require any referral, and consumers always choose their own providers. The course is educational, does not provide legal, tax or financial advice, and does not guarantee any outcome.
General information, not legal or financial advice. Assumption eligibility depends on servicer, FHA, VA or USDA review and borrower qualification.This website is for educational purposes only and is not a commitment to lend, loan approval, or an offer of credit. All loans are subject to credit approval, property and program requirements, and loan assumptions are subject to servicer and agency approval. Rates, terms and availability are not guaranteed. We are not affiliated with or endorsed by HUD, FHA, VA or USDA. This site does not provide legal, tax or financial advice.
You are not required to use any particular lender, Realtor or settlement service provider. No referral fees or things of value are exchanged for referrals of settlement service business.
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