My Servicer Experiences during LLC Transfer (Part 2)
Sunday, August 11
Continuing from my prior post: My Servicer Experiences during LLC Transfer (Part 1) TLDR: One of the top three mortgage Servicers by volume is being difficult and won't allow me to transfer a loan to my LLC, based on Fannie Mae's Servicing Guidelines section D1-4.1-02. (If you're not aware of wh...
My Servicer Experiences during LLC Transfer (Part 1)
Friday, August 09
This post chronicles my experience working through the process I wrote about in my previous Blog article How to Transfer Property to your LLC without fearing Due-on-Sale I requested the transfer of three loans to my LLC and had vastly different experiences across three different Loan Servicers. ...
How to Transfer Property to your LLC without fearing Due-on-Sale
Monday, July 22
Attention all investors relying on conforming loans to fund your real-estate endeavors Let's rip this band-aid off quickly: Since Nov 2017, Fannie Mae allows borrowers to transfer property to an LLC, under certain conditions, without triggering the Due-on-Sale clause: For two years (as of thi...