I am looking for lenders or mortgage brokers that can pre-qualify my potential home buyers. I will buy properties under FMV and sell them to my pre-qualified home buyers for FMV. The problem I am concerned about is the seasoning issue with the property. Are their any lenders that can complete these deals without the seasoning red tape. My company owns a chain of tax services. I have a tremendous data base of potential home buyers from my tax client list. My staff is contacting our clients in reference to buying a home. We are getting a lot of feed back and I need to get some lenders lined up to close these deals. Your prompt assistance will be appreciated.
What state are you in?
Louisiana
There are lenders who will do this, and most brokers have access to many, many lenders so should be able to find the lenders who can get this done for you. However, given the current market (appreciation returning to normal, rampant mortgage and real estate fraud, higher foreclosure rates) lenders are watching flipping scemes very closely.
What lenders do you use?
What lenders do you use?
Are there particular lenders that you have had a good/bad experience with?