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Updated about 4 years ago, 12/20/2020

User Stats

103
Posts
28
Votes
Justin Lee
  • Realtor
  • Atlanta, GA
28
Votes |
103
Posts

Refi from Private Money to Conventional

Justin Lee
  • Realtor
  • Atlanta, GA
Posted

Do you know the process of refinancing from a private money loan to a conventional one? I have spoke to a few lenders and they informed me that the title needs to be in my name prior to initiating the refinance although it is in my business name. Any ideas or tips/tricks on how I can do this? I thought that i could simply quit claim simultaneously to avoid the due on sale clause, but apparently, that isn't an option.

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