If that's the deed restriction used, that's pretty clear.

There are many restrictions on agents/brokers and it seems that those who don't have a license have so many more business avenues available and don't have to turn people off by making broker/realtor disclosures when acting for themselves as an investor.

While fannie and freddie may have their limits the direct lenders/originators may institute further restrictions as well, so you may not find a uniform limit across the country.

In fact, the SAFE Act provisions mention fully amortized notes with restrictions of balloon terms.Such can only be determined after underwriting the borrower and their capacity, you can't act as a bank and shove a loan product across the desk and say.....this is the perfect loan for you.Before you can advise on any specific terms you need a borrower.

That said, my benefits at work are restricted to what my employer provides.

- Are you happy with your rent restrictions in your building?

So, I doubt you would have been able to get them to take that out.Also, I've seen it restrict the agent's commission when a family member of the agent was the buyer.

I live in the Chicagoland area, but do not restrict myself to that area.

In other words, it looks like the group is restricted to pro only.

We can usually close within 72 hours of title clearance.The subject loan is to be backed by a first mortgage, and is contingent on the following:The property does not undergo any changes resulting from fire, vandalism, collapse, other serious damage, liens, pending lawsuits, government restrictions, or acts of God.