Can you refinance a seller-financed mortgage?

Source: The Mortgage Reports — 

Some home buyers get their mortgage loans from the home’s seller — not from a mortgage lender.

This kind of financing, known as “owner financing” or “seller financing,” can help buyers who don’t meet standard mortgage guidelines at the time of purchase.

But most of the time, owner financing isn’t a permanent financing arrangement. At some point, the borrower will need to refinance into a traditional home loan. If you’re in that situation, here’s what to do.