Updated over 4 years ago on .
Mortgage Underwriting Question
Is there any due diligence done on the current lien holder in a refinance? Are there any regulations that would prohibit or limit a refinance based on the current lien holder?
More specifically if I'm wanting to do a non-cash-out refinance my primary residence (SFH) and the current lien holder is an LLC that I have an ownership interest in, would that technically change anything about the refinance?