Assumable Mortgage Marketplace

A 2.75% mortgage exists.
Buy it. Or sell it for what it's worth.

12.4 million homes in America carry mortgages at 2.25–3.75% that any qualified buyer can legally take over. A buyer saves $800/month compared to a new loan. A seller captures a $30,000–50,000 premium no other platform knows how to price. RatePass is where both sides of that transaction meet.

12.4M Assumable homes

$800/mo Buyer saves

$38K Seller premium

38 days Median close

Why RatePass

The rate is the product.
The home comes with it.

Every feature is built around one insight: a 2021 mortgage rate is a financial asset — for the buyer who inherits it and the seller who prices it.

Search by rate, not just location

Buyers filter homes by assumed mortgage rate and see monthly payments at 2.75% vs. 6.75% on the same property. Sellers list where buyers search by rate — not square footage.

Rate premium, calculated to the dollar

Sellers see exactly what their rate adds to the sale price — a specific number, not a guess. Buyers see how much they save per month and over the life of the loan.

Gap financing built in

The assumed loan balance is usually less than the purchase price. Our second-lien and HELOC partners close the gap — pre-qualified before anyone makes an offer.

One coordinator, 38-day close

A dedicated assumption coordinator manages every step — servicer communication, document flow, timeline tracking. Median close: 38 days. No one navigates this alone.

Verified, servicer-confirmed listings

Every listing on RatePass is verified through direct servicer data — not scraped from MLS. The rate is real. The loan is assumable. The timeline is committed.

Side-by-side transparency

Every property shows the assumed payment vs. a new loan. Buyers see what they save. Sellers see what the rate adds. The decision is financially clear for both sides.

Do you recognize yourself?

The rate changes everything — whether you're trying to buy a home you can afford, or sell a home for what it's actually worth.

You've been pre-approved for a mortgage but the monthly payment at 6.75% breaks your budget — and a payment at 2.75% would change everything
You're paying $2,100/month in rent and watching it disappear while you wait for rates to drop
You have a 2021 mortgage rate and suspect it's worth something to a buyer — but no one has given you a specific number
Your realtor told you assumption is "complicated" or "not worth the extra time" — and you're not sure they're right
You're relocating, upgrading, downsizing, or investing — and the rate should be part of the transaction, not invisible
You've heard about assumable mortgages on Reddit, TikTok, or from a friend — but couldn't find a straightforward way to search for them or list one

How it works

From first click to close in 38 days

The assumption process is unfamiliar. We made it simple.

See what the rate is worth

Buyers search homes by assumed rate and see monthly payments side by side. Sellers enter their loan data and get a specific dollar premium for their ZIP code. Both sides start with a number, not a concept.

Get pre-qualified before you commit

Buyers pre-qualify for gap financing alongside every listing — no surprises at the offer stage. Sellers confirm their loan is assumption-eligible and see the buyer pool before accepting offers.

Get matched with the right counterparty

Buyers are connected to sellers whose listings are servicer-verified. Sellers are introduced to pre-qualified buyers who understand assumption and are ready to close. No tire-kickers. No blank stares.

We handle the servicer process

Your assumption coordinator manages all communication with the loan servicer — document requests, eligibility confirmations, timeline milestones. You stay informed. We do the work.

Close in 38 days

You get a projected closing date at contract. Milestones are tracked in your dashboard. Risks are flagged 10+ days in advance. Our median close is 38 days — about half the industry average.

After RatePass

This is what it looks like

Affordability, unlocked A buyer who couldn't qualify at 6.75% closes on a $320,000 home at 2.83% — with a payment lower than their rent.

Premium, captured A seller's home closes $38,000 above conventional comp because the buyer paid for the rate — a premium no other platform knew how to price.

Speed, guaranteed Both sides closed in 38 days with one coordinator managing the servicer. No chasing paperwork. No surprise delays.

A buyer pays $1,580/month on a home that would cost $2,400 at market rates — $96,000 saved over 10 years. The seller walked away with $38K more than a conventional listing would have produced. Neither one could have found the other without a platform that searches by rate.

Common concerns

We've already thought of that

The questions everyone asks — and the answers that change the conversation.

"I've never heard of this."

VA and FHA loans are federally required to be assumable. 12.4 million of them exist right now across the US. This isn't a new product — it's a legal mechanism that's been invisible because no platform has made it searchable. RatePass changes that.

"This sounds too complicated."

A dedicated coordinator handles every step. Median close: 38 days. Your involvement is the same as a normal home purchase or sale — we manage the servicer communication, the documents, and the timeline.

"What about the gap between the loan balance and the purchase price?"

The assumed loan is usually less than the purchase price. Gap financing through second-lien and HELOC partners is integrated into the platform. Buyers see their gap options alongside every listing, before making an offer.

"My realtor says assumption isn't worth it."

Your realtor earns the same commission either way. We earn our fee when you capture value you otherwise wouldn't. A buyer who assumes a 2.75% rate saves $96K over 10 years. A seller who prices their rate captures $30K–50K above comp. That's worth it.

Why not the alternatives?

You've tried these already

Each one leaves a critical gap when it comes to assumable mortgages.

Zillow / Realtor.com

No rate filter. No assumed payment view. Buyers can't find assumable homes. Sellers can't market their rate. The most valuable feature of your property is invisible on these platforms.

Traditional agent

Most agents have never closed an assumption. They can't price the rate premium, won't manage the servicer process, and leave gap financing to you. The transaction type is outside their workflow.

Waiting for rates to drop

Rates have been above 6% for three years. Every month a buyer waits is $2,100 in rent with zero equity. Every month a seller waits is a rate premium uncaptured. A 2.75% mortgage exists today.

A 2.75% mortgage exists.Buy it. Or sell it for what it's worth.

The rate is the product.The home comes with it.