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Refinancing a Lease Option

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    Refinancing a Lease Option

    We have been in a lease option for 18 months and we are looking in to getting a mortgage for the home. I've read that some lenders will consider this a refinance (since it is a lease option), though most treat it as a new purchase. I'd like to go the refinance route if possible. Has anyone done this via refinance? Any ideas which lenders would do this deal as a refinance?

    #2
    I think FHA. How is the lease option working out? We just entered into one 4 ws ago... so far ok, love the house!
    Stopped paying c. cards February 2009
    Retained attorney 11/5/09 - $100k in C.Card debt - $120000 per year income - Filed Feb 2010 - 341 Apr 2010 - No Asset Case/Report of No Dist Apr 2010 - Discharged June 2010
    Case went without a hitch!
    I HELD MY HEAD HIGH IN THAT COURTROOM AND NOW I AM MOVING ON!

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