Investor · MD CT, NJ · Member since 2019 · 5 posts · 2 votes
Does anyone know of any banks/lenders in Baltimore or in any other part of Md that will do a delay refi with a property in an LLC and not in the name of a person? If so, could you please leave the name of that bank. Thanks
Lender · Glenview IL- CDLP NMLS#230554 · Member since 2015 · 2k+ posts · 747 votes
6y
@ Keith Jefferson You can't close loan on LLC name under Fannie Mae guidelines. Under delayed financing exception you have to quit claim from LLC to close on your name.