Generally, mortgage assumption is an arrangement that allows ... You could also include terms in your divorce agreement that allow one spouse to continue living in the home for a set period ...

A mortgage assumption is when one spouse takes over the existing mortgage in their name, and assumes full responsibility for the loan's payments and terms. The original loan terms remain intact ...

An acceleration clause is a provision in a mortgage that allows the lender to require the full repayment of the loan early.

but there’s a risk that one party may not follow such an agreement. A mortgage assumption is another potential, but less common, approach. In an assumption, one mortgage holder transfers the ...