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Updated about 2 years ago, 09/21/2022

User Stats

87
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37
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Ryan Taylor
Pro Member
37
Votes |
87
Posts

Due on sale....is anyone seeing this

Ryan Taylor
Pro Member
Posted

Question....with rates where they are...and where they are headed for that matter...anyone doing a sub to deal...is anyone experiencing a lender exercising the due on sale clause...I mention rates because, why would a lender not call a note that is 3.75 to recoup their money so it could be lent at the higher rate...with the spare time lenders now have to do more audits...has anyone experienced this...I get that lenders are in the business to collect payment and not own property...but if they could recover money lent at a lower rate to lend at a higher rate...why would they not...educate me....please

  • Ryan Taylor
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