Legal Question in Real Estate Law in Florida
loan assumption
we know that the mortgage company will not agree to an assumption, my question is if we allow Wilshire holding inc to assume our loan, will our lender pursue us or the person that the loan has been assumed to, without the lenders permission?
Asked on 2/21/09, 1:28 pm
1 Answer from Attorneys
Alexander M. Rosenfeld
Rosenfeld & Stein, P.A.
Re: loan assumption
Whether it will or not is conjecture. It can.
Answered on 2/21/09, 1:42 pm