VA
Active
78$450,000$49,276 down
- Rate
- 2.84%
7.03%today- Payment
- $1,859/mo
$3,003today
- 3beds
- 3baths
- 2,811sqft
White Bear Lake, Minnesota
Assumable homes for salein White Bear Lake, Minnesota.
8 homes in White Bear Lake carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.73%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
White Bear Lake assumable market
by the numbers.
8active assumable listings
2.73%lowest locked rate
$336kmedian list price
$561saved per month vs. 7.2%
About the market
Assumable mortgagesin White Bear Lake, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Minnesota, filtered to White Bear Lake. Updated September 2026.
How assumptions work for buyersWhite Bear Lake, Minnesota has 8 homes for sale with an assumable mortgage as of September 2026: 6 FHA loans and 2 VA loans that a qualified buyer can take over at the seller's existing rate instead of financing at today's roughly 7.2%. Rates on active White Bear Lake assumable listings start at 2.73% with a median of 3.92%; 4 listings are under 4% and 5 are under 5%.
The median assumable home in White Bear Lake lists for $335,500, with a median of $102,723 in cash to assume, the gap between the price and the remaining loan balance. At the median assumable rate the principal-and-interest payment is about $1,353 a month versus $1,914 for the same balance at today's rate, roughly $561 kept every month and $6,733 a year. The most active White Bear Lake ZIP codes are 55110 (7) and 55127 (1).
UMe confirms the balance, rate, and assumability of each listing with the listing agent before marking it Certified. FHA, VA, and USDA loans are assumable by law, and you do not need to be a veteran to assume a VA loan. Once you are under contract, the loan servicer underwrites you rather than a new lender; most White Bear Lake assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in White Bear Lake
View all 8 on the map Homes on the marketin White Bear Lake.
VA
Active
52$399,900$54,191 down
- Rate
- 2.86%
7.03%today- Payment
- $1,603/mo
$2,584today
- 4beds
- 2baths
- 2,878sqft
1233 Maywood Street, Saint Paul
FHA
Active
15$189,999$24,156 down
- Rate
- 2.87%
7.03%today- Payment
- $774/mo
$1,245today
- 2beds
- 1baths
- 1,292sqft
520 Fred Street, Saint Paul
FHA
Active
32$209,900$37,739 down
- Rate
- 2.88%
7.03%today- Payment
- $804/mo
$1,292today
- 2beds
- 2baths
- 1,208sqft
410 Hickory Lane, Oakdale
VA
Active
36$463,000$62,469 down
- Rate
- 3.07%
7.03%today- Payment
- $1,897/mo
$2,976today
- 5beds
- 3baths
- 2,588sqft
5257 200th Street, Forest Lake
FHA
Active
19$249,900$47,981 down
- Rate
- 3.07%
7.03%today- Payment
- $952/mo
$1,494today
- 4beds
- 1baths
- 1,442sqft
1828 Bush Avenue, Saint Paul
Live MLS collection. Loan balances, payment estimates, and cash-to-assume amounts update with the source listing. Taxes, insurance, HOA, closing costs, and secondary financing may change the final monthly payment.
Inventory snapshot
What’s in the mixin White Bear Lake.
Live counts from the MLS feeds we index for Minnesota. Updated September 2026.
- Active listings
- 8
- UMe Certified / verified
- 0
- Lowest rate
- 2.73%
- Median rate
- 3.92%
- Median list price
- $335,500
- Median cash to assume
- $102,723
White Bear Lake listings by locked rate
- Under 4%4 homes
- 4% – 5%1 home
- 5% – 6%1 home
- 6% and up2 homes
White Bear Lake listings by loan type
- FHA6 homesmedian 3.92%
- VA2 homesmedian 4.89%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby White Bear Lake ZIP code.
Each ZIP opens the White Bear Lake map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the White Bear Lake numbers
What an assumable ratedoes to a White Bear Lake payment.
The sliders start at the median White Bear Lake assumable listing: $335,500 list price and a 3.92% existing rate. We compare the payment you would take over against financing the same balance with a new loan at today’s 7.20%. Principal and interest only; taxes, insurance, and HOA dues are the same either way.
The gap between price and balance is the seller’s equity: your cash to assume, or what a second loan can help cover.
Cash to assume (seller’s equity)$100,000
30% of the price. Eligible buyers can start with as little as 5% down using a second loan for the rest.
Your monthly payment if you assume in White Bear Lake
$1,200/mo
New loan at 7.20%$1,595
Assumed at 3.90%
$1,200
Every month$395
Over five years$23,729
Interest you never pay$199,96126-year assumed loan vs. a new 30-year loan
Estimates for illustration. The real numbers depend on the loan, the servicer, and your qualification; every White Bear Lake listing on UMe shows the actual balance, rate, and payment.
How it works in White Bear Lake
How to assumea mortgage in White Bear Lake.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written. Four steps, and UMe owns the hard one.
Start with pre-qualification- 01
Find a White Bear Lake home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the White Bear Lake map by existing rate, monthly payment, or cash to assume instead of by list price alone.
- 02
Cover the seller’s equity.
You pay the seller the difference between the price and the remaining balance, a median of $102,723 in White Bear Lake today. Cash, a second loan, or seller financing can bridge it.
- 03
Qualify with the servicer, not a new lender.
The current loan servicer reviews your credit, income, and debt just like a lender would. UMe prepares the file, works the servicer directly, and chases every follow-up so the 45-to-90-day timeline holds.
- 04
Close and keep the rate.
The seller’s balance, rate, and remaining term become yours. No points, no origination fee, no reset to 30 years, and a White Bear Lake payment written in a different decade.
White Bear Lake questions
Assuming a mortgagein White Bear Lake.
The numbers below come from current White Bear Lake inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in White Bear Lake?
As of September 2026, UMe tracks 8 active assumable listings in White Bear Lake. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in White Bear Lake?
Current White Bear Lake inventory breaks down as FHA (6, median 3.92%) and VA (2, median 4.89%). FHA, VA, and USDA mortgages are assumable by law, which is why they make up nearly all assumable listings. Conventional loans usually carry a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan, though the seller's entitlement stays tied up unless you substitute your own.
What is the lowest assumable mortgage rate in White Bear Lake?
The lowest rate on an active White Bear Lake assumable listing is 2.73%, and the median across all 8 listings is 3.92%. 4 listings are under 4% and 5 are under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in White Bear Lake?
Across current White Bear Lake listings, the median principal-and-interest payment on the assumable loan is $1,353 per month versus $1,914 for the same balance at today's rates, a difference of about $561 every month, or $6,733 a year. The savings compound because you also keep the seller's remaining term instead of restarting a 30-year clock.
How much money do I need to assume a home in White Bear Lake?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In White Bear Lake that gap is currently a median of $102,723 on a median list price of $335,500. Buyers cover it with cash, a second mortgage, or seller financing; UMe can connect you with lenders who write gap loans behind an assumption.
Which White Bear Lake ZIP codes have the most assumable homes?
The White Bear Lake ZIP codes with the most active assumable listings are 55110 (7) and 55127 (1). Use the map to draw your own boundary or filter by rate, payment, and down payment inside any of them.
How long does a mortgage assumption take in White Bear Lake?
Most FHA and VA assumptions close in 45 to 90 days. The loan servicer, not a new lender, underwrites you, and servicer turnaround is the main variable. UMe tracks the file with the servicer and the listing agent so nothing stalls, and every listing shows whether the assumption has already been confirmed with the seller's side.
Nearby markets
All of Minnesota More assumable homesin Minnesota.
Ready when you are
Stop overpaying for White Bear Lake.The rate is already on the house.
Every listing on the White Bear Lake map has a rate you can take over. Start with the ones in White Bear Lake, get pre-qualified in minutes, and let UMe carry the assumption to closing.