FWIW one might search for a house that has an transferable (assumable) mortgage. So the buyer picks up the loan where the seller left off. This would preserve t

FWIW one might search for a house that has an transferable (assumable) mortgage. So the buyer picks up the loan where the seller left off. This would preserve the (presumably) lower interest rate of the seller's home loan. From https://www.forbes.com/advisor/mortgages/can-you-transfer-a-mortgage-to-another-person/ https://www.forbes.com/advisor/mortgages/can-you-transfer-a-... "Loans backed by the Federal Housing Administration (FHA), U.S. Department of Agriculture (USDA) and Department of Veterans Affairs (VA) are typically assumable. Conventional mortgages, on the other hand, usually aren’t assumable. Instead, conventional mortgages typically come with a due-on-sale clause—meaning the loan must be paid off if you want to transfer the property title."