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Updated over 3 years ago on . Most recent reply

Alexandria Goldinak's profile image
Alexandria Goldinak's profile image
Alexandria Goldinak
  • Member since Oct 21, 2020
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Alexandria Goldinak's profile image
Alexandria Goldinak's profile image
Alexandria Goldinak
  • Member since Oct 21, 2020
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Alexandria Goldinak
3
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10
Posts
Private Lending & Conventional Mortgage Advice

Do I have to disclose seller financing to banks?

Alexandria Goldinak
Posted

Hi I am looking to do a seller financing deal on one property and then take out a conventional loan from a bank for another. Is this allowed? Do I need to disclose to the bank I have a seller financing contract? I’m hoping I don’t. If yes how much will that effect the loan I get from the bank for my other property?

Thank you!

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