? on Refinancing seller financing. - Posted by Melissa (CA)

Posted by Rob FL on March 31, 1999 at 21:10:19:

Doubtful, but it depends on what you mean by bad credit. There are lots of lenders out there who will loan money to homeowners with bad credit, it will just be at a higher interest rate and a few points. Ask a mortgage broker.

? on Refinancing seller financing. - Posted by Melissa (CA)

Posted by Melissa (CA) on March 31, 1999 at 18:28:58:

If you offer seller financing to the buyer and they have bad credit, don’t they have to wait until they have at least 20% equity in their house to refinance?