As mortgage rates continue to climb above 7%, many would-be homebuyers are feeling the pressure of unaffordable monthly payments. For those looking to purchase a home, the rising cost of borrowing is making it more difficult to achieve the dream of homeownership. However, there’s an untapped solution that could be the answer to this growing problem: assumable mortgages. These loans allow buyers to take over an existing mortgage at a much lower interest rate—sometimes as low as 2%–4%—and they are proving to be a game-changer for both homebuyers and sellers alike.
UMe Projects, a pioneering platform focused on making assumable mortgages more accessible, is at the forefront of this movement. Through its full-service model, UMe Projects is simplifying the complex process of assuming a mortgage, providing both homebuyers and real estate agents with the tools they need to navigate this often-overlooked financing option.
Revolutionizing the Homebuying Process
Founded by Rachel Roberts, UMe Projects is changing the way homes are bought and sold by making it easier for buyers to access low-interest loans through assumable mortgages. Unlike traditional mortgage platforms that only list homes, UMe Projects goes the extra mile by managing the entire transaction process—from coordinating with loan servicers to preparing documents and securing approvals. This comprehensive approach ensures that buyers, sellers, and agents are supported every step of the way, making the process more seamless and less stressful.
“Assumable mortgages are an underutilized resource, and our goal is to make them a common tool for homebuyers,” says Patrick Celaya, Chief Marketing Officer at UMe Projects. “By facilitating these types of transactions, we’re not just helping buyers save money—we’re also offering sellers a way to make their properties more attractive in a competitive market.”
With over 5,000 verified listings of homes with assumable loans, UMe Projects is providing more opportunities for homebuyers to lock in lower interest rates compared to what is available in today’s high-rate market. This represents a significant advantage for those seeking affordable home financing, allowing them to bypass some of the most expensive aspects of traditional mortgage lending.
Education and Support for Real Estate Agents
One of the core pillars of UMe Projects’ success is its focus on education. Many real estate agents are unfamiliar with the details of assumable mortgages, which can prevent them from fully leveraging this financing option for their clients. To address this knowledge gap, UMe Projects offers comprehensive training programs and live Q&A sessions for real estate professionals. These educational initiatives help agents better understand the nuances of assumable mortgages and equip them with the skills needed to close deals more efficiently.
Mike Roberts, Co-Founder of UMe Projects, explains, “We know that most agents haven’t worked with assumable mortgages before, and it can be a daunting process. Our goal is to simplify it and provide agents with the support they need to successfully guide their clients.”
By investing in education, UMe Projects is not only helping agents grow their businesses but also ensuring that more buyers can access affordable financing options. This approach is empowering both consumers and real estate professionals, creating a more informed and efficient home-buying experience.
Real Success Stories
The impact of UMe Projects is evident in the success stories shared by customers and agents alike. Angela M., a recent client, praised the platform’s level of support throughout her home purchase: “I cannot express enough how impressed I am with the level of professionalism you demonstrated throughout this entire process. Your attention to detail and commitment to ensuring a smooth transaction truly stood out. I wholeheartedly recommend UMe to anyone looking for a reliable and efficient assumption process.”
Real estate agents are also seeing the benefits. Wendy, a realtor, shared her experience with UMe Projects: “It was our first time helping our buyers do this with the help of UMe, and it won’t be our last. So nice for our clients to assume a VA loan at 2.99%. It really can happen, and they made it easy.”
Transforming Homeownership in a High-Rate Market
As mortgage rates continue to rise, UMe Projects is leading the way in making homeownership more accessible by bringing the power of assumable mortgages into the spotlight. The platform’s hands-on, full-service approach ensures that every buyer, seller, and real estate agent can confidently take advantage of this unique financing option. Through its expanding network and educational efforts, UMe Projects is not just facilitating transactions; it’s reshaping how homes are bought and sold in today’s market.
For more information on UMe Projects and to explore the advantages of assumable mortgages, visit the company’s YouTube, Instagram, TikTok, and Facebook pages.