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Will a seller financed deal show up on buyers credit or considered on debt to income?
14 January 2025 | 7 replies
It may or may not show on a credit report, depends on the servicing and you should have the loan serviced.Failure to include the debt on a future loan application is mortgage fraud, wanna go to jail?
Ken M.
Pro Tip on Subject To - Subto
17 January 2025 | 4 replies
Are there specific lenders or servicers that are more likely to call these loans?
Shawn Tuma
Duplex Concerns w/ VA Loan
17 December 2024 | 1 reply
I'm using my VA loan so I don't have to put any money down & can keep money in my account to fund rehab deals.
Mike Hansen
IRRRLs and assuming VA loans
16 December 2024 | 2 replies
It recently dawned on me the idea of a non military affiliated individual assuming a VA loan, would this individual be able to then also gain the benefit of using an IRRRL since they have now acquired a VA loan through assumption?
Eyal Goren
Is Subto legal?
14 January 2025 | 23 replies
If the loan is being paid the seller/previous owner has no reason to want off of the loan.
Anthony Sigala
Any FHA workarounds??
12 January 2025 | 5 replies
FHA and Conventional loans will allow schooling to count as work history.
Ed Long
How Do You Decide If a Borrower Is a Good Fit?
21 January 2025 | 6 replies
In our view, experience and integrity are by far the most important parts of any private loan.
James Colgan
House Hack - Duplex
16 January 2025 | 3 replies
If you are going to be an owner-occupant, want a low down payment, and are planning to do a renovation, the FHA 203k and Fannie May Homestyle loans are your best optionsHow do you know the property is currently upside down on the mortgage?
Jennifer Turner
How to modify terms of a seller-financed mortgage?
13 January 2025 | 8 replies
You aren't required to offer a loan mod prior to foreclosure.