We tried to get info on the lender to ask directly but they wouldn't give it to us.I would have thought this would be a relatively quick process to do a credit check, check debt to income, employer verification, etc.current loan's interest rate is very low so they definitely haven't refinanced anytime recently.Additionally, having never assumed a loan before, anything I should keep an eye out for that might cause a hiccup? 

I was not notified of anything by anyone, I found out about the liens from the lender I am currently refinancing a property with.Has anyone dealt with this issue and if so, how did you handle it? 

I also don't want refinancing risk, so any deals with only 3 to 5 year debt are out for me.

Purchase price: $1,500,000 Cash invested: $1,200,000 This was a bridge loan at 80% LTV and 9% for an experienced investor who will be refinancing out of our loan with a construction loan once permits are approved for construction.

Also, how would you work the current title without refinancing, as I have a great rate in the 3s?

And if you end up building and then refinancing into a conventional or DSCR mortgage, I can help there as well.

The catch is that the veteran can't then use their VA loan again until that house is sold or refinanced (so basically you have to go conventional in the future, at least for a while).

The investor promised to return their $25,000 plus an additional $10,000 when they refinanced the property with permanent debt. 

It's essential for the property to maintain a DSCR Ratio of at least 1.0 across both notes.Considering the present market conditions, refinancing might be a more advantageous option for you.Please don't hesitate to direct message me if you'd like to discuss this further.Thanks,*

I refinanced my primary home and my VA loan is now reusable