Good Morning!
If you purchased your house on a Contract For Deed, or a Land Contract – we can treat this as a refinance loan?
…It’s true! …The Contract For Deed doesn’t even need to be recorded.
We just need 12 months cancelled checks to refinance a Contract For Deed, or a Land Contract.
The biggest benefit of this is that we can use the appraised value, and not the purchase price for value. …So, you can roll in closing costs instead of writing a check for them!
Max loan to value ratio on this program is 90%.
If you would like to see if you qualify for a mortgage right now – click here and fill out this simple and quick application.
Have a good day today! …and thanks for reading.
Brett
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