can i refinance a home that was purchased on contract

Yes you can so long as you have sufficient enough documented payments and the original purchase land contract was recorded.

you can refinance using FHA or conventional... which loan product you use will depend on your percentage of equity, if you have 20% equity or more, then conventional will be the better way to go... The best advice I can give you is to contact a LOCAL mortgage broker, not the local "Big" bank, and certainly not one of those 50 states internet lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Please visit my website (http://yourFHAhomeloan.com) and complete a secured online application. Will follow-up with you tomorrow to review and let you know the next steps. BTW: My corporate office is located in Pendleton.

You need expert advice, in order to translate the contract terms into an acceptable refinance application. I will be happy to review your contract, and offer advice on how to structure the refinance. You will need credit, income and employment that meet normal refinance requirements.You may contact me at 503-620-2239. Thanks, Dave Metsker

Yes as long as you have made payments for at least 12 months. Then we can refinance into your name. Let me know if you would like a pre-approval. P: 888-320-7888 - ken@mortgagesforamerica.org

There are a lot of "landmines" in your situation. The short answer is yes but the longer answer is that there are ten more questions to be asked and answered prior to moving forward. I have done this hundreds of times and I value your time and mine. Please give me a call to discuss if you want straight answers. 260-348-7519. www.LechelMortgage.com

Depending on if the contract was recorded or not, a lender may consider it a purchase transaction and not a refinance. In the past, many loan guidelines even allowed the person on a lease option contract to just show 12 or 24 months of cancelled rent checks to prove ownership interest in the property and treat it as a refi. These days, it's important to show the recorded contract and transfer of title to treat it as a refinance. If the title never got transferred it's most likely going to be considered a purchase. Which, that could go in your favor if wanting to go with FHA financing.

Yes, but you can not take out any equity:To better help you, I would like to see your financial situation.Please send me the following information for all borrowers:1. 1 Month of current pay stub's2. 2 Year W-2 Income Statements3. 2 Year 1040 Federal Tax Returns4. 2 Year Business Tax Returns5. 3 Months of current Bank Statements (if you own a business)6. Copy of Drivers Licenses Please forward them to:James Mazzola8 Matthew AvenueKendall Park, NJ 08824jmazzola@sunnm.com or cornoil@comcast.netIf you have any questions, please do not hesitate to contact me:(O) 973-805-4107(C) 732-501-4249(F) 732-951-0629Thank you,James Mazzola

Yes, you will need a payment history to show proof of payments- there are some good Loan officers here on Lender 411 that canassist you in Indiana-Pete

Yes, absolutely it is possible I an with a local lender, First Merchants Bank, call me, Elden Lewis, at 317-566-6129 and lets discuss your options.

Sure... Easy... Just go ahead and contact a local mortgage broker. Give them a full application, and they can walk you through the process. It really is only slightly different than someone refinancing a standard bank loan, and no big deal at all.