You will have to switch from a homeowner’s insurance policy to a landlord insurance policy which covers rental specific risks.3.

First, Austin made a good part about potentially having two loans, most lenders were still getting their clients into government loans ie FHA, VA, & USDA with rates in the high 3s in early 22, now it is high 5s/low 6s.

But there are - they are just now government backed.

Any recommendations for institutions that can extend a line of credit backed by a whole life policy?  

From google...In a 2022 interview with KCRA, a FAIR Plan spokesperson stated that the average cost of a policy is about $3,200 per year

Here's my policy:1.

The word is government provides huge sums of money for providing housing?

That local government is who submits as "sponsor" for proposed applications.

Ok lets take a step back and please dont take this the wrong way or think I am being condescending however here is how loans go.1. you have the borrower  who I guess was introduced to you and is on BP and talks about doing JV s and deals etc.. 2. you agree to lend money on one of his/her projects.3. you identify the property and the amount your willing to loan.4. your borrower will open escrow so you get a lenders policy of title insurane and insure your docs are recorded correctly.. most will prep the mortgage or Trust deed but most will not prep the note they will want an attorney to do that.. 5.

This is what is governed by FMR.