UMe Projects
UMe Assumption Specialists

Send over the items we need to start this assumption.

We handle the loan assumption on your listing from contract to close. Three steps: the current mortgage statement, seller contacts, and a loan officer will reach out with next steps.

  1. Step 1

    Mortgage statement

    Latest statement from the seller's loan

  2. Step 2

    Seller contacts

    Everyone named on the loan

  3. Step 3

    We reach out

    A loan officer calls with next steps

The file

Confirm the property and tell us who you are.

What sellers need to know

  • The buyer is assuming the seller's existing mortgage. UMe handles servicer communication, document collection, and tracking through approval.
  • The seller does not chase the lender. We do.
  • Do NOT contact the servicer. If the servicer reaches out, forward it to us and do not respond directly.
  • We can't open the assumption file until we have the current mortgage statement and all seller contacts.
  • If anyone listed on the mortgage has passed away, we'll also need a certified copy of their death certificate.
  • Once we have these items, a loan officer from our team will be calling with more information within 1–2 business days.
Step 1

Mortgage statement

Upload the latest statement from the seller's loan. We use it to verify the loan with the servicer.

Step 2

Seller contacts

Add every borrower named on the loan. We contact them directly for lender authorization and keep you posted at every step.

Why do we need this information?

We contact every person on the loan directly to set expectations and get lender authorization. We don’t go through the servicer, and we only use these contacts for this assumption file.

Seller 1

Your documents are stored securely and used only to structure this assumption.