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Updated over 5 years ago on . Most recent reply

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Account Closed
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Account Closed
0
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7
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Indianapolis Real Estate Forum

Convert land contract to mortgage

Account Closed
Posted

Hey guys. I have a couple of properties on land contract. I want to pay off remaining balances on them and switch to conventional mortgage. The first property has balance remaining around $27k. Others are around $50-70k. Fortunately there’s no prepayment penalty. Can you please recommend any Indy based lenders that can help me with this? Especially the property that only has a balance of $27k? It’s been hard finding lenders that’ll cover a $27k loan. Thanks!

Indianapolis, Indiana
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