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Updated about 8 years ago on . Most recent reply

User Stats

45
Posts
15
Votes
Jerry Ellis
  • Rantoul, IL
15
Votes |
45
Posts

Owner finance deal effect future conventional loans?

Jerry Ellis
  • Rantoul, IL
Posted

The answer to this question is out there I'm sure but I couldn't find it. 

So my question is regarding owner financing and how it effects conventional loans. Specifically, how the banks view them when considering conventional financing. So if I buy a property using owner financing, will the bank treat that liability the same as if it were just another conventional loan for a second property?

Jerry

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