How to Use "assumable" with Example Sentences

1. Assumable mortgages are relatively rare .

2. They require lower down-payment and they are assumable loans .

3. If interest rates have risen , an assumable mortgage at a low rate may prove a selling point for the property .

4. Making the majority of mortgages assumable with the transfer of property to new buyers under acceptable conditions could reduce foreclosures .

5. As egypt is a third world developing country it is assumable there would be a large number of people in poverty .