do captive bedrooms and bathrooms disqualify a property from a conventional mortgage?

I'm with Joe.. I have never heard of such nonsense.. call a local mortgage broker and ask them if they would have a problem.. I'll bet they don't.. .. 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

The reason for the denial of this property on a conventional loan, is most likely due to an appraisal that did not use comps with a captive bedroom/bathroom or an investor/lender has an overlay that does not allow them to lend on this type of property. Understand that every house with a master bathroom accessible only from the master bedroom, has a captive bathroom. However most of these homes also have another non-captive bathroom. The way to have this property approved for a conventional loan would be to make sure the appraisal compares the subject to other SOLD homes with captive bedrooms and bathrooms, and to make sure you are working with a lender that does not have an overlay limiting lending on this type of home. Good Luck

email me at yourloanpartnerforlife@live.com linda i might have a solution for you! i have 25 yrs experience in lending...

Homes with captive bathrooms are more difficult to sell, if taken back by the lender in foreclosure.

I am a direct lender in PA, email me the details of your purchase and i will get you an answer on whether our investors will purchase the loan as a conventional loan. PBotros@OmegaLoans.net

Something seems wrong... I've been lending for 22-years, and I've never heard of such silliness. Contact another mortgage broker in your area for a second opinion.