3.01% FHA
$410,000
$1,596/mo
13609 62nd Avenue
Maple Grove, MN
4 bd2 ba2,092 sqft
Corcoran, Minnesota
Keep the rate.
Buy the home in Corcoran.
10 assumable homes for sale in Corcoran, with locked rates from 4.88%. Take over the seller’s existing FHA, VA, or USDA loan instead of financing at today’s 7.2%.
Median assumable rate
6.50%
vs 7.2% market
$198/mo saved
Median locked rate
6.50%
Across 10 assumable listings
Typical monthly savings
$198
On a $528,983 home vs 7.2%
Certified listings
0
Loan terms confirmed with the listing agent
Loan types
FHA · VA
Government-backed loans are assumable by law
Verified in Corcoran
Homes with a rate worth keeping
2.68% FHA
$314,900
$1,037/mo
17549 70th Place
Maple Grove, MN
3 bd2 ba1,748 sqft
2.81% FHA
$300,000
$1,010/mo
4538 Quantico Lane
Plymouth, MN
3 bd2 ba1,406 sqft
2.90% VA
$499,900
$1,637/mo
12789 Breckenridge Lane
Rogers, MN
3 bd3 ba2,070 sqft
2.93% VA
$474,900
$1,795/mo
5981 Walnut Grove Lane
Plymouth, MN
3 bd3 ba1,840 sqft
2.96% VA
$365,000
$1,309/mo
12420 Pineview Trail
Dayton, MN
3 bd2 ba1,915 sqft
Inventory snapshot
What’s assumable in Corcoran right now
Live counts from the MLS feeds we index for Minnesota. Updated September 2026.
- Active listings
- 10
- Certified / verified
- 0
- Lowest rate
- 4.88%
- Median rate
- 6.50%
- Median list price
- $528,983
- Median cash to assume
- $525,983
Listings by locked rate
- Under 4%0 homes
- 4% – 5%1 home
- 5% – 6%0 homes
- 6% and up3 homes
Listings by loan type
- FHA9 homesmedian 6.50%
- VA1 homemedian 4.88%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homes by Corcoran ZIP code
Nearby markets
More assumable homes in Minnesota
- Minneapolis94
- Saint Paul93
- Rosemount38
- Moorhead29
- Farmington28
- Woodbury26
- Owatonna25
- Rochester23
- Lakeville22
- Shakopee22
- Cottage Grove19
- Oakdale18
- Ramsey16
- Elk River15
- Faribault15
- Mankato15
- Brooklyn Park14
- Big Lake13
- Andover12
- Apple Valley12
- Brainerd12
- Burnsville12
- Ada
- Adams
Run your numbers
The cost of waiting in Corcoran.
A 7.2% new loan against an assumable one at 6.50%, same balance, 30 years.
You keep every month
$198/mo
Over a year$2,377
Monthly payment, side by side
7.2% vs 6.50%
How an assumption works
Three steps. One lower payment.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written.
- 01
Find a locked rate
Every listing here carries an existing FHA, VA, or USDA loan you can take over. Filter by rate, payment, or down payment.
- 02
Qualify with the servicer
You apply with the current lender, not a new one. Our team handles the paperwork and the timeline.
- 03
Close and keep the rate
The seller’s balance, rate, and remaining term become yours. No points, no rate shopping, no reset to 30 years.
Questions
Assuming a mortgage in Corcoran
Numbers below come from current Corcoran inventory and update as listings change.
- How many assumable homes are for sale in Corcoran?
- As of September 2026, UMe tracks 10 active assumable listings in Corcoran. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
- What types of assumable loans are available in Corcoran?
- Current Corcoran inventory breaks down as FHA (9, median 6.50%) and VA (1, median 4.88%). 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 Corcoran right now?
- The lowest rate on an active Corcoran assumable listing is 4.88%, and the median across all 10 listings is 6.50%. 0 listings are under 4% and 1 is under 5%, compared with roughly 7.2% for a new 30-year loan today.
- How much can I save with a mortgage assumption in Corcoran?
- On the median Corcoran list price of $528,983 with 20% down, the payment at the median assumable rate of 6.50% is about $2,675 per month versus $2,873 at 7.2%, a difference of about $198 every month, or $2,373 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 Corcoran?
- When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Corcoran that gap is currently a median of $525,983 on a median list price of $528,983. 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 Corcoran ZIP codes have the most assumable homes?
- The Corcoran ZIP codes with the most active assumable listings are 55340 (10). 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 Corcoran?
- 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.
Ready when you are
Stop overpaying for Corcoran.
Every listing on the map has a rate you can take over. Start with the ones in Minnesota, or list your own low-rate loan and let buyers come to you.
