[DEMO] Take over my mortgage — subject-to deal

• The existing loan stays in the seller's name. Almost every mortgage contains a due-on-sale clause that lets the lender call the loan due upon transfer — this is the central risk of the structure.
• The seller's credit remains exposed if the buyer misses a payment. Buyers should confirm the loan is current and arrange for verified payment history (e.g. servicing transfer or third-party servicer).
• Insurance and escrow must be handled carefully — naming changes can flag the transfer to the lender. Confirm the approach with an attorney.

The Creative Marketplace does not verify any of the above. This is plain-English risk education, not legal advice — get a licensed attorney in the property’s state to review your specific transaction. See our Creative Finance Disclaimer.