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Updated over 3 years ago on .

Austin Shireman's profile image
Austin Shireman's profile image
Austin Shireman
  • Rental Property Investor
  • from East Dubuque, IL
  • Member since Oct 20, 2019
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Austin Shireman's profile image
Austin Shireman's profile image
Austin Shireman
  • Rental Property Investor
  • from East Dubuque, IL
  • Member since Oct 20, 2019
Connect
Austin Shireman
  • Rental Property Investor
  • East Dubuque, IL
0
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6
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Mortgage Brokers & Lenders

Land Contract to Mortgage

Austin Shireman
  • Rental Property Investor
  • East Dubuque, IL
Posted

Question to the BP community.

If someone had a land contract on a property, improved the property and increasing its value, and then wanted to go to the bank to finance out of the land contract, could you do a 75-80% LTV loan? For some reason a local lender here says they won't do it since they don't own the property..

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