Seller finance may seem like the bottom of the mortgage loan sieve, but it is also a sieve in its own right. To save yourself from a lot of headaches, you need to be clear upfront about whether your borrowers will qualify for a Dodd-Frank compliant loan or not. Pre-screening your borrowers can save you a lot of time in this process. Listen in as Dan Deppen brings in Max Bailey from Call the Underwriter to share some of his tips about this on the podcast. Max also talks a bit about loan origination.
We exist because we love helping Note Buyers, Note Sellers, and Seller-Financiers stay Dodd-Frank Compliant. We know compliance can be tricky for Note Investors, and we are driven to help ensure each transaction adheres meets Dodd Frank’s Ability to Repay requirements. Together, let’s GET COMPLIANT!