Seller mortgage

Have small park in NY . Tenants own their homes. One of the tenants approached me about the buying park. She doesn’t have a down payment large enough for a commercial loan from the bank and the bank won’t do it as a residential mortgage. Since she has a home in this park, as her principal residence, I wonder under Dodd-Frank, if I can make a mortgage without a licensed mortgage originator. Has any one done this? Of so any pitfalls?

Dodd Frank does not apply to investors and commercial properties. It’s meant for owner occupied dwellings. Hope this helps.

Thanks for your reply. I know investment property wasn’t an issue with Dodd- Frank, I didn’t know if it could somehow matter that she owns her mobile home on this property and is her principal residence. Thanks again.