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29 November 2022 | 0 replies
Freddie and Fannie Conforming Loan Limits for High Balance locations are increasing significantly in 2023!
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13 December 2022 | 0 replies
This was originally thought to be a DADU but after further research and back and forth with the city it seems as if we actually have a non-conforming duplex.
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4 February 2022 | 4 replies
@Sean Walcott if the loan is conforming and written after 2016, both Fannie Mae and Freddie Mac will allow transfer to LLC without any due on sale concern.
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4 January 2021 | 9 replies
Is it a different situation when it is “legal non-conforming”?
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21 October 2020 | 6 replies
2) Can you use a non-conforming or in-law (basement) apartment towards that income?
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1 June 2021 | 7 replies
For conventional rehab loans, you are capped at the conforming loan limits and rehab money allotted is typically less than the Standard 203k.
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15 May 2021 | 34 replies
For example 30 year fixed conforming loan, etc.
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26 March 2019 | 11 replies
I have however come across a few non conforming properties that could be converted.
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1 January 2023 | 3 replies
However, if you follow my advice and use the LLC, you won't be using conforming residential funding as legal entities are not eligible for conforming loans, only "warm blooded" people.
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2 July 2020 | 14 replies
The business deductions you can take are the sameAs for loans, when title of the property is in a business entity, conforming loans are no longer available.