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Updated about 8 years ago on . Most recent reply

Trentan Moore's profile image
Trentan Moore's profile image
Trentan Moore
  • from Hollidaysburg, Pennsylvania
  • Member since Feb 14, 2015
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Trentan Moore's profile image
Trentan Moore's profile image
Trentan Moore
  • from Hollidaysburg, Pennsylvania
  • Member since Feb 14, 2015
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Trentan Moore
  • Hollidaysburg, PA
3
Votes |
24
Posts
Private Lending & Conventional Mortgage Advice

disclose seller financed property?

Trentan Moore
  • Hollidaysburg, PA
Posted

I am not even sure if it this is in the right forum, but is it a requirement to disclose a seller financed property to a bank if it does not show up on my credit report? Maybe this is something that will be found eventually anyway, but just wondering if I should disclose it when getting loan pre-approval.

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Charlie Fitzgerald's profile image
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Charlie Fitzgerald
  • Lender
  • from Las Vegas, NV
  • Member since Aug 12, 2015
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Charlie Fitzgerald's profile image
Charlie Fitzgerald's profile image
Charlie Fitzgerald
  • Lender
  • from Las Vegas, NV
  • Member since Aug 12, 2015
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Charlie Fitzgerald
  • Lender
  • Las Vegas, NV
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Charlie Fitzgerald
  • Lender
  • Las Vegas, NV
Replied

Yes.  To not do so is Fraud.

  • Charlie Fitzgerald
    • 1 Vote
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