Helpful Article on Seller Financing Requirements 2014

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Here's an article that sums up the limits and requirements for those of us still willing to offer seller financing to owner occupant buyers. Note that it is possible to do at least one deal a year with no MLO requirement and no ability to repay requirement. And possible to do 3 per year with a few additional requirements. For your reading pleasure:

http://papersourceonline.com/5040/dodd-frank-note-business-explained/