sangfnsgfsd
Brett's Mortgage Blog

Do You Own Property In An LLC?

Good Morning!

Do you or someone you know own property in an LLC?
Did you know FNMA is allowing property owned in an LLC to count towards the 6 months ownership seasoning and can be refinanced?
In order to close the refinance transaction, ownership must be transferred out of the LLC and into the name of the individual borrower or borrowers.
How’s that for a short nugget?
Thanks for reading!
Have a good day!
Brett
Brett Sampson

Recent Posts

How To Buy A House With A Reverse Mortgage…

I’ve written about this before, but we have more and more people passing the age…

3 days ago

Advantages Of Buying A House From A Relative…

I had this situation come up again last week, and I wanted to address it…

5 days ago

You Have To Know This When Buying A House…

One of the most important things you will have to do when you apply for…

1 week ago

Free Grant Money Available For Down Payment If You Have One Of These Jobs…

I wanted to remind you that we have a 2% to 5% downpayment and closing…

2 weeks ago

How To Get A Loan With Foster Care Income…

If you receive money from the State or a County sponsored organization for providing foster…

3 weeks ago

How To Pull Cash Out Of Your Rental Property With No Proof Of Income…

Do you have investment property, and would like to pull cash out of your property?…

3 weeks ago