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Historic Preservation Easement headaches - ISO lender who is comfortable with this

My house is being designated as a historic resource. Lender must subordinate (sign off) on a historic preservation easement. My current lender (Fifth Third) is terrible, their customer service people are unable to help. Even the higher-ups eventually got me some paperwork to fill out, indicating Fannie Mae requires an appraisal - fine, I can work with that. But I want to ensure that the appraiser understands the pros and cons of the preservation easement - in particular that the house itself is eligible for $50k in grant funds for any restorative work. It's gotta be a win win for everyone! But this bank is so poorly run, I cannot even get a human to speak with me so that I can explain what I am seeking. They just want me to file some papers and pay a $500 fee, no conversation first.

So, if anyone can recommend a lender who is comfortable with this, I would be very happy to refinance with them and continue the subordination process. Note that this isn't a typical HELOC subordination, but it's like pulling teeth explaining to my lender that these are different.

submitted by /u/sachin571
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/pyn725/historic_preservation_easement_headaches_iso/
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