Pros and Cons to all loan types so make sure you are talking through this with your LO.

Brandon Durant

My vote would be to keep the home as rental but I will tag my favorite LO @Wyatt Wolff for extra insight.

And, if so, did the LO document that for the AUS? 

That said, i have no way of knowing the HELOC lender's guidelines. so before you cancel altogether (if you do in fact want to get the heloc still), ask them about it. your LO should be on the same team with you of trying to find solutions, not looking for reasons to deny/ cause problems. 

I obviously can't speak to all the details as I'm not an LO but from what I understand (from their flyer) it's a conventional product, Park National keeps the paper and services the loan, it has no PMI, Is a 100% financed product, and comes with $15K to use for closing cost, rate buy down, or principal buy down depending on your situation.There is a new top dog in the loan products for house hacking in my opinion, and the best part of it is that its local money, staying local and helping local people.    

@Timothy Durante I did just that, that is why it has taken me a while to get back to responding. 

Is there a lender oe LO who's able to do a 203k loan with a total loan amount of 63k to 70k? 

You can stick with the individual LO when they make a move, if you like them, but are not obligated to. 

I am amazed of how many LO's simply do not know how to make this calculation.