Question by ChrisC: Assumability of FHA Mortgages and release of liability? I am receiving conflicting information. I have one mortgage broker stating that no conventional fixed rate mortgages are assumable and must be refinanced. The bank itself is giving conflicting information. The rep on the phone states they will send out an Assumption of Mortgage [...]

Question by beldarr1: are there any assumable mortgages in peoria arizona ? Best answer: Answer by KYRealEstateGuyThe days of assumable mortgages has long since passed. Any assumable mortgages would nearly be payed off and be older houses. Know better? Leave your own answer in the comments!