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Updated almost 14 years ago on . Most recent reply

User Stats

257
Posts
130
Votes
Chris Calabrese
  • Residential Real Estate Agent
  • Mt. Pleasant, SC
130
Votes |
257
Posts

Looking for SC lender that will waive FHA 90-day flip rule...

Chris Calabrese
  • Residential Real Estate Agent
  • Mt. Pleasant, SC
Posted

Well, the title pretty much says it all. Is anyone still doing these loans despite the 90-day seasoning rule? I know that FHA now allows a waiver, but it doesn't seem like any bank will actually do it. I have a good FHA buyer, but can't get them financed for another 45 days. Anyone know a good lender in South Carolina that might be able to make it happen?

2 other issues are: house is titled in LLC name, and buyer is obtaining a state housing grant for the down payment

Thanks for any help!

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