Mortage company to originate seller financed loans

[Jason Dillard]

Is there demand for loan origination for seller financed transactions across the country? We defiantly have the demand here. The benefits out weigh the expense and headache for us to become licenced and compliant. Since we specialize in seller finance property management, we felt obligated to help our clients stay within the new law. Are there any other new companies springing up out there?

[Account Closed]

Originally posted by @Jason Dillard:

Is there demand for loan origination for seller financed transactions across the country? We defiantly have the demand here. The benefits out weigh the expense and headache for us to become licenced and compliant. Since we specialize in seller finance property management, we felt obligated to help our clients stay within the new law. Are there any other new companies springing up out there?

There's definitely a need for licensed originators to help with seller financing, and it's been made known here on BP several times in the last year with few responses.

Have you become licensed and compliant and done any such originations yet? I suspect after you know/understand the full scope of what is required and the liability issues involved, you may be less inclined to think the benefits outweigh the risk.

Please keep us posted. This is an important topic that many are interested in.