Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on .

User Stats

1
Posts
0
Votes
Lowry Akers
0
Votes |
1
Posts

Primary Residence Lending Troubles

Lowry Akers
Posted

Under contract on a home I am planning on purchasing as a primary residence. Set to close on 7/15. 

I had refinanced another townhome in February that was classified as a primary residence, but due to circumstances we have began renting. 

My lender is saying the loan will not work because of the classification on my first townhome. 

Has anyone else dealt with anything like this? Any creative, alternative ways to get this to work? 

I might ask the sellers if they would consider seller financing. Worst case scenario, I may try to do a private loan. Would love some ideas, input, feedback.