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🏡 Get a Fixed Rate Home Loan at 2.3% APR — Through an Assumable Loan

Updated: Sep 18


Why This Matters Now

Mortgage rates today are higher than many buyers would like. But what if you could lock in a rate from years ago — as low as 2.3% APR — without waiting for the market to change?

That’s possible with an assumable loan.


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What’s an Assumable Loan?

An assumable loan allows you, the buyer, to take over the seller’s existing mortgage instead of getting a brand-new loan. That means:

  • You assume their interest rate (sometimes 2–3% lower than today’s rates).

  • You assume their loan balance.

  • You step directly into their payment structure.


This is most common with VA and FHA loans — and it can make a huge difference in affordability.

Example: 2.3% Fixed APR

Let’s say a seller bought in 2021 with a 30-year fixed VA loan at 2.3% APR. If you buy their home today and assume their loan:


✅ You keep that ultra-low 2.3% rate.

✅ You pay their monthly mortgage amount (much lower than a new loan at today’s rates).

✅ You avoid refinancing in the future if rates rise again.

On a $500,000 mortgage, that could mean hundreds in monthly savings.


Why Sellers Love It Too

Assumable loans aren’t just good for buyers. Sellers benefit because:

  • Their home becomes more attractive to buyers.

  • They may sell faster and at a better price.

  • It creates a win-win situation in a competitive market.

How to Find These Deals

Here at SoCal Realty & Investments, I actively search for properties where assumable loans are available. As my client, you’ll get:

Ready to Explore?

Getting a fixed rate as low as 2.3% APR  — possible through assumable loans.


✍️ Andrew Georgitsis SoCal Realty & Investments DRE#02266192 info@socalrealtyandinvestments.com 866-322-5487

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