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Updated about 12 years ago on .

User Stats

895
Posts
453
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Micki M.
  • Flipper/Rehabber
  • York, UK
453
Votes |
895
Posts

Non-warrantable financing under Dodd-Frank

Micki M.
  • Flipper/Rehabber
  • York, UK
Posted

I am selling a unit in my own building. We only have 18 units so have been non-warrantable for a while. But I had loan programs that would finance, and refinancing was no problem through my credit union. Now, after Dodd-Frank all my lenders are saying they can't provide financing anymore and I'm mid-deal on this sale. Has anyone found a solution to this issue, or is there anyone out there looking to private finance a $93k purchase? Help me close this!!