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Updated over 1 year ago,

Tyler Eastridge's profile image
Tyler Eastridge's profile image
Tyler Eastridge
  • from Gainesville, Fl
  • Member since Jan 8, 2023
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13
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2
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Tyler Eastridge's profile image
Tyler Eastridge's profile image
Tyler Eastridge
  • from Gainesville, Fl
  • Member since Jan 8, 2023
Connect
Tyler Eastridge
  • Gainesville, Fl
2
Votes |
13
Posts
Private Lending & Conventional Mortgage Advice

Reporting private loan when applying for a conventional mortgage

Tyler Eastridge
  • Gainesville, Fl
Posted

Good evening,

I currently own 1 investment property that is financed through a private loan with a promissory note.  There is another property that I am interested in and I am looking to use conventional financing.  My question is during the application process for a mortgage.  Do I need to disclose the private loan?  Thank you.

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