In today’s real estate market, homebuyers are grappling with rising mortgage rates, currently exceeding 7%. This has made affordability a growing concern for many individuals and families. Amidst these challenges, a company called UMe Projects is introducing an innovative solution by leveraging assumable mortgages—loans with interest rates as low as 2%–4%. By simplifying the process and educating all stakeholders—buyers, sellers, and agents—UMe Projects is providing a new way to approach real estate transactions and helping make homeownership more attainable.
Founded by Rachel Roberts, UMe Projects focuses on facilitating assumable mortgages, a solution that allows buyers to take over existing loans at lower interest rates, which is particularly beneficial in today’s high-rate environment. Unlike traditional platforms that simply list properties, UMe Projects offers a full-service approach, managing the entire process, from outreach to loan servicers to preparing documentation and coordinating approvals.
“The potential of assumable mortgages has largely gone underutilized in the real estate industry,” says Patrick Celaya, Chief Marketing Officer of UMe Projects. “Our goal is to make these loans accessible to more people and provide clarity on how they can take advantage of these low rates.”
In contrast to many mortgage platforms, UMe Projects’ platform doesn’t merely list homes with assumable loans. The company ensures a smoother experience by handling the transaction process from start to finish, making it easier for buyers, sellers, and real estate agents. This approach is intended to streamline often complex and lengthy transactions, offering a faster, more efficient path to closing.
UMe Projects currently has over 5,000 verified listings of homes available for assumable mortgages. These listings represent an emerging niche in the housing market, providing options for those looking to secure lower interest rates compared to current market offerings. The platform also places significant emphasis on training real estate agents. With a growing network of trained professionals, UMe Projects ensures that buyers and sellers can find agents who are well-versed in the assumable mortgage process, thus facilitating quicker and more confident closings.
While UMe Projects does not disclose the specific data behind its transaction success rate, its internal claims of a high success rate indicate that it is committed to providing a reliable and supportive experience. The company aims to remove barriers and uncertainties from the assumable mortgage process, which is often seen as complicated or obscure by many buyers and agents.
“We walk every client through the process step-by-step,” says Mike Roberts, Co-Founder of UMe Projects. “We ensure that they’re never left trying to figure things out on their own—our full-service model is built around providing clarity and support at every stage.”
The company is also focused on educating the real estate industry about the benefits of assumable mortgages. Through weekly live Q&A sessions and comprehensive training programs, UMe Projects helps real estate professionals gain the expertise they need to close deals involving these types of loans. The platform believes that increasing awareness of the advantages of assumable mortgages can help more buyers access affordable housing, even in a high-rate market.
While assumable mortgages remain underused, they represent an opportunity for buyers to secure loans at lower interest rates that might otherwise be unavailable in today’s lending environment. UMe Projects is positioning itself as a leader in bringing this option to the forefront of real estate discussions, offering both the tools and education necessary to facilitate these types of transactions.
The company has garnered positive feedback from clients and real estate professionals who have experienced first-hand the benefits of the platform. Angela M., a satisfied customer, said, “I cannot express enough how impressed I am with the level of professionalism you demonstrated throughout this entire process. Your attention to detail and commitment to ensuring a smooth transaction truly stood out. I wholeheartedly recommend UMe to anyone looking for a reliable and efficient assumption process. Thank you for making this experience so seamless!”
Travis D., another client, also shared his positive experience: “UMe truly exceeded all my expectations when helping me secure a loan for my second home, and I can’t thank Mike and Rachel, the incredible owners, enough for their dedication and expertise! They’ve built an amazing team and a company that genuinely cares about its clients. Their personal touch made all the difference, turning what could have been a stressful journey into a seamless and enjoyable experience.”
Realtor Wendy noted, “Great team of experts in assumptions. It was our first time helping our buyers do this with the help of UMe, and it won’t be our last. So nice for our clients to assume a VA loan at 2.99%. It really can happen, and they made it easy.”
The growing demand for assumable mortgages reflects a shift toward solutions that offer more affordable options for homebuyers, particularly in the current climate of high mortgage rates. UMe Projects is responding to this demand by expanding its verified listings and increasing its network of trained agents who can effectively facilitate these deals.
To learn more about how UMe Projects is reshaping the housing market, visit the company’s YouTube, Instagram, TikTok, and Facebook pages.
