This is much lower than the costs associated with refinancing.Benefits of Mortgage RecastingLower Monthly Payments: The most immediate benefit is a reduced monthly payment, which can free up cash for other financial goals.Save on Interest: By reducing your principal balance, you’ll pay less interest over the life of the loan, potentially saving thousands of dollars.No Credit Check or Appraisal: Unlike refinancing, recasting doesn’t require a credit check, income verification, or home appraisal, making it a quicker and simpler process.Keep Your Current Interest Rate: If you have a favorable interest rate on your current loan, recasting allows you to maintain it while still lowering your payments.Drawbacks of Mortgage RecastingRequires a Lump Sum: Not everyone has the cash on hand to make a significant lump sum payment, which can make recasting inaccessible for some homeowners.Doesn’t Shorten Loan Term: While your monthly payments are lower, recasting doesn’t reduce the length of your loan.

I'm sure it's a little more efficient in larger cities, but my market requires up to 60 days to get approval.Lower your expectations with Section 8 tenants.

They seem to just stop at being physically violent. 

.- You should have required the tenant to sign a Hold Harmless Agreement, indemnifying you against any of their claims.

New Jersey’s Anti-Eviction Act does not require any written notice for non-payment of rent.

Credit is a factor as bad credit may limit options, or may have the lender require you to put 10 or 20 years of taxes and insurance into escrow. 

We require them for any tenant over 18 years old.

The IRS requires this form if you, as the seller, receive $600 or more in interest during the year.Key Takeaways: You can deduct the interest you pay to your lender, but you must report the interest you receive from the buyer as income.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

So it was going to require more tenacity by you to get the deal sold either way.