Mortgage Experts Please

[Jason Green]

I am a home builder operating as an S-corp. I am currently living in a house that I built that didnt sell. I am paying the construction loan payment with company money for tax purposes ( im sure if they knew I was living here that would be frowned upon). Anyway, I want to buy the house since a fixed loan would make the payment about 400 cheaper than what the construction loan payment is. Here is my issue, all the mortgage people around my area keep telling me that I cannot buy something from myself. To me this makes no sense, why couldnt I write a contract from me to my company for more that what is owed (a profit for the company on paper) and that be that. I would pay taxes on the companies profit and the house would be off the companies books. Does anyone know of anyway I can make this work. I did the same thing on another house but that was back when money was free and all we did was deeded the house to ourselves and cashout refi for the amount of the construction loan which my mortgage broker said he cannot do anymore. Any and all help is appreciated.