Lets face it, if the company could "afford" to get funding more cheaply, it would.  

Hi @Pinny T.!

@Stephanie MbayaLSU's high rental demand and affordable property prices make it an ideal location for house hacking.

Anybody know of a more affordable company or work around?

I assumed that was a good thing and the 5% K&T wasn't a problem since everything was working correctly and safely.

This is a more affordable option but only protects against named events.Comprehensive Coverage: Often called “all-risk” coverage, this protects against most unexpected events, except exclusions like flooding or earthquakes, which usually require separate policies.

She should consider moving to something cheaper if she can't afford the rent.

There's a lot of flipping opportunity here as well, especially for affordable homes. 

Based on the wording of your post, it appears you're passionate about Affordable and Workforce Housing, would that be true?

Sorry for the following Contrarian advice, but you're not a 5 year old so:The only reason to buy a personal residence (Home) is because someone is forcing you to.Usually, this person is called your Spouse (which is Latin for someone who forces you to make horrible financial decisions then criticizes you for them endlessly:)perhaps DON'T buy a home, just rent something affordable and invest the 20% or in your case 50% into the stock market (sp500 16.1% yearly return last 15 years, 11% last 50 years, 10% last 125 years)remember, your RENT is your maximum monthly housing expense, but your Mortgage is your minimum or starting monthly housing cost, it always goes up from thereI've, owned 2 personal homes, 100% appreciation in 6years on #1 and in 7 years on #2, (I timed our market perfectly both times), with 20% down and very low mortgage rates, but after honestly calculating all expenses, only made about 5-6% a year "investment wise".