From my investigation a fair amount of time is spent on developing (private money)   

Trying to learn what items like "borrower earned commission" the bank will let apply to the DP, I just broke down my preliminary settlement statement to get a feel for it on my end and would love to see if I'm missing anything.

This is the kind of thing the press use to investigate  what bad choices were made, who is to blame?

Go and do a thorough investigation.

@Doug Smith: What you are describing is an illegal scheme called "equity skimming" which is investigated by the Financial Crimes unit of the FBI with very serious punishments.

So, the broker will usually investigate and correct an agent who isn't operating as they should. 6.

Commitment Letter: A loan term sheet shows intent but isn’t binding so that brokers may see it as preliminary.

It is very unlikely that you'll have problems/be investigated for just one instance, but repeatedly doing this will absolutely raise red flags these days.

Too bad, so sad.There are additional closing costs that have to be paidYou may trigger an investigation by regulatorsEach time you change title it’s likely that taxes are due – explain that to the IRSYou’ve messed up title insurance big timeYou have probably invalidated the homeowner’s/landlord insurance.If any of this confuses you, DO NOT DO SUBJECT TO until you are taught properlyThat’s what comes immediately to mind from my 30 years of doing & teaching Subject ToExecutory Contracts by definition violate the same Due on Sale that just got calledHere is the actual wording of the Due on sale clause18.

There are significantly less opportunities for HELOC on non-owner occupied but there are some (you would likely need to investigate to find a few).