We take over your payments. You move on.
A mortgage takeover — also known as buying subject-to — is when we purchase a home and take over the seller's existing mortgage payments. The loan stays in the seller's name at the bank, but we take legal ownership of the property and become responsible for all future payments. The seller walks away from the home and the payment burden without going through a traditional sale.
A simple, straightforward process — handled by professionals every step of the way
We connect with the seller and review the property along with existing mortgage details — loan balance, interest rate, monthly payment, and remaining term.
Terms are discussed and agreed upon — purchase price, whether any upfront cash goes to the seller at closing, and confirmation that we take over payments going forward.
A Purchase and Sale Agreement is signed — laying everything out in writing including the property address, agreed price, and subject-to terms.
A licensed title company or real estate attorney is brought in to handle the closing, verify title, and ensure everything is done properly and legally.
The deed is transferred to us at closing. We now legally own the home. The existing mortgage remains in the seller's name at the bank — we simply take over the payments.
We take over all monthly mortgage payments from the closing date forward — on time, every month.
The seller is relieved of the property and payment responsibility — free to move forward.
Real benefits that make a real difference
No more mortgage payment stress weighing you down each month.
Skip the hassle of putting your home on the market and hosting strangers.
No bank approval delays. We move quickly so you can too.
Stop foreclosure in its tracks and protect your financial future.
Free yourself from the property and the payment — start fresh.
No agent commissions. No surprise deductions. Just what we agree on.
Since the loan stays in your name at the bank, a missed payment could negatively affect your credit. This is why it's critical to work with a trustworthy, experienced buyer. Keystone takes this responsibility seriously — consistent, on-time payments protect everyone involved.
Most mortgages have a due-on-sale clause, meaning the bank could technically require the full balance immediately if the property changes hands. In practice, as long as payments are being made on time, lenders rarely enforce this. Experienced real estate attorneys structure these transactions to minimize this risk.
Yes. When we refinance, sell, or pay off the property, the mortgage is removed from the seller's name entirely. Getting the loan out of the seller's name is always the end goal.
It depends on the deal structure. In some cases the seller receives a cash payment at closing in addition to being relieved of the mortgage. In others, the primary benefit is relief from the payment obligation. All terms are agreed upon upfront and clearly put in writing before signing.
Yes. Buying a property subject-to an existing mortgage is a legal real estate strategy used by investors and buyers across the country. All transactions are handled through a licensed title company or real estate attorney.
No pressure. No obligation. Just a straightforward conversation.