Question by CHACHALEE: I NEED TO ASSUME A MORTGAGE MY FRIEND DID FOR ME? Due to my credit issues last year, my friend bought my home in her name and we were told that it was an assumable ajustable rate mortgage. My credit issues have been cleared up and I am trying to take over [...]

Question by David P: I am renting my home, do I need to inform my mortgage company? It is a FHA loan 30 year fixed assumable loan. Renting because the market stinks & cant sell. Any other issues with this plan I may need to be aware of? Best answer: Answer by deejayspopbe very careful [...]