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 Get A Mortgage With Foster Care Income…

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

6 days ago

Two Most Common Reverse Mortgage Questions…

I wanted to address the two most common questions that I get regarding reverse mortgages……

1 week ago

You Paid Cash For Your House, But Now You Need Your Cash Out…

If you purchased a home using your own cash, and now would like to pull…

2 weeks ago

Free Grant Money Available For These Professions…

I wanted to let you know we have a 2% to 5% downpayment and closing…

2 weeks ago

Another Way To Acquire Rent Properties…

If you want to acquire rental properties, but you are having issues proving your income…

3 weeks ago

Another Way To Get Cash Out Of Your Home…

Do you need cash out of your home, but you don’t want to refinance the…

3 weeks ago