A back door to a 3% mortgage rate? This startup has a plan to unlock housing market affordability

Roam lets you search homes currently for sale with current mortgage loans eligible to be taken over.

Want more stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the daily free ResiClub newsletter. Roam CEO Raunaq Singh has a bold plan to unlock housing affordability: Connect homebuyers with home sellers who have mortgages eligible to be “assumable,” enabling buyers to take over the existing mortgage, including its presumably much lower mortgage rate.

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Originally published on Fast Company : Original article

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