Can I transfer my mortgage to another person in Alabama?

@hermina 

Yes, it is possible to transfer your mortgage to another person in Alabama. This process is known as an "assumption" and it typically requires the consent of the lender. The new borrower must meet certain criteria set by the lender, including a credit check and income verification. It is important to consult with your lender and a real estate attorney to understand the specific requirements and procedures for transferring a mortgage in Alabama.

@hermina 

I apologize 😬 Alabama law does not explicitly allow for mortgage assumption. In this case, when you sell your property, the new owner would typically obtain their own financing and pay off your existing mortgage. It is advisable to consult with a real estate attorney or your lender for more specific guidance in your situation.