Holding a seller-financed note in Arizona? Here is how to refinance it into a conventional loan: what lenders need, how payoff and seasoning rules work, what it costs, and when waiting wins. Pillar Mortgage Group.
Seller financing lets an Arizona seller act as the lender, with the buyer paying them directly, usually at a rate 1 to 3 points above market and with a balloon due in 3 to 7 years. Here is how carryback deals really work. Pillar Mortgage Group, NMLS #2700076
Straight answers on buying, refinancing, and selling a home in Scottsdale, Phoenix, and across Arizona, from Blake Hermann, Director of Lending at Pillar Mortgage Group (NMLS #2271358).