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What does Assumption Fee mean?

A fee that is charged by a lender when a borrower assumes an existing mortgage.

Related Terms

Americans With Disabilities Act Production Home Assessment Rolls Debt Accessibility Contingency Contract Construction Documents Finish Grade Home Sale Contingency Hours of Operation (In a Lease) Counteroffer Delinquent Mortgage Listing agent Per-Diem Interest Historic Structure Leverage Building Inspector Fair Credit Reporting Act.

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Beycome Family of Companies: Beycome Mortgage LLC provides home loans; Beycome Brokerage Realty LLC, Beycome Brokerage Realty Inc., and Beycome of Florida LLC provide real estate services; Beycome Title of Florida LLC provides title insurance services. These are separate entities under Beycome Corp., each governed by its own management as required by law, but all owned by the same individuals, forming a business relationship.
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