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Updated almost 7 years ago on . Most recent reply
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how soon can I sell after loan closes?
I want to make sure im not overstepping any laws or guidlines here.
I built a house out of cash. Refinanced into a coventiontal traditional mortage. I now have someone who wants to buy it. Can I sell with only lived it for 5 months or will that send red flags?
Most Popular Reply
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What many are failing to mention, is that even though you are perfectly within your rights to sell....your loan officer very well might get a huge fine from Fannie Mae for a loan paid off before the 6 month mark. Do your loan officer a solid and wait another month.
- Russell Brazil
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- Podcast Guest on Show #192
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District Invest Group
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5.0 stars