Hello and that is a more complex question with more details required to provide an accurate response. If it is a non-arm's length transaction on a foreclosure then no as it would be considered a foreclosure bail out which is not allowed. If you are not related to the seller then it should be ok as long as the lease term is for longer than the term of the mortgage securing the property. I am a mortgage banker and broker in Lewisville since 2007. Feel free to call me to go over in detail to be sure. Brad Cahoone - NMLS ID 184176 - Global Home Finance Inc. - 316441 - 972-724-3222x227
Ask our community a question.