Wouldn’t this impact your creditworthiness regardless of lender/reporting?

As a rough rule, the most creditworthy applicants get the lowest rates since they have the least risk.

He is  indifferent to the credit worthiness of the borrower, his credit score, his assets etc.  

Buyers' creditworthiness is now halved and people are scared of expensive loans.beware my colleagues from America when such a situation will arise.sorry for my english i hope i helped.

If the applicant is a drug dealer that has no convictions, they will more than likely fail the standard proof of credit worthiness and income/employment, still legal fair housing guidelines.

Are you going to reevaluate his creditworthiness and qualifications again?

Once you know what you can afford based on creditworthiness and down payment ability you can pick a market (city) and then a neighborhood to make your first purchase.

Banks typically care about all of your outstanding debts, including seller-financed promissory notes, when evaluating your creditworthiness and ability to repay a new mortgage.

For example, a commercial property in a desirable location may receive a lower interest rate than a residential property in a less desirable location.Borrower experience and creditworthiness: Hard money lenders will consider the borrower's credit score, income, and experience in the real estate industry.

The theory­­­­—or the hope, at least—is that the buyer will eventually refinance that payment with a traditional lender, armed with improved creditworthiness and having accumulated some equity in the home.Seller Financing for BuyersFor all the potential pluses to seller financing, transactions that use it come with risks and realities for both parties.