Updated over 5 years ago on . Most recent reply
Bank transfer to llc issue
Hello everyone, I locked in a refinance for my 4 plexes at 3.25 but the loan officer is having a serious issue with my wanting to put the title into my llc for the extra asset protection. As I only have 3 residential loans I had hoped to hit my 10 then have my wife hit her 10 before going commercial. It has gone so far that my loan officer just emailed me to say these were business questions and that I should be moving my loans to their commercial side. Fannie Mae has allowed this for the last couple years and I am wondering if anyone has encountered any pushback like this and how they helped their banker clear up any issues? Thanks