It really helped us get a better interest rate on the property and typically allowed us to put 10-20% down since we were buying the home to be our primary residence. 

When I contacted MFM, they told me to direct my complaints to Prime as they operate independently of them.

In this case, you can use Rental Income from the units that you will not be living in and that income can count to help you qualify.FHA rates are going to be lower than conventional for you almost always, but FHA does have a 1.75% funding fee. 

With no credit score the interest rate would be based on the lowest credit bucket.

Contact@Matthew Creel

That’s why you get a discounted interest rate and a lower downpayment, because owne occupant properties are low risk. 

Is there a better way to contact the owners of these properties?

Thus, they will contact every owner they can that has a rental being advertised, hoping the owner is tired and just wants to dump a headache of a property for 60-70% of market value.

It is highly specific, my recommendation is to contact the city directly with qualifying questions or have us do it for you :) In general Astoria is also a No-Go with the exception of commercially zoned properties.

The lower rate or longer term can also make the payment more affordable.