With mortgage guidelines the way they are, can you create a 2nd note and....

Has anybody had difficulty selling a home, and doing owner financing to get the note down to a conforming 1st? If I sell a property for 450K and carry the second for the new buyer so that they can better qualify for a the conforming loan, can we do this? I have heard that lenders are not allowing this but I dont understand why. Can somebody help with this please.

Thanks,

Traveller

Some lenders will still allow for seller seconds.