That might be outrageous in your area, but cheap in New York City.Generally, if you are charging market rate and the tenant wants the place, they will pay the app fee without hesitation.As for which services are best.

As you noted there is little difference in the loan balance during the 1st 5 years if you have IO vs. a 30 year amortized loan.

Paradise--The highs: http://www.honoluluadvertiser.com/apps/pbcs.dll/article?

I'd also like to use my own appraiser or at least be able to appraise when I see fit - not once the lender already has received my app fee.

I can shed some light on the fractional ownership funding my company offers:- FULL DOC and SIVA application allowed- 3/5/7/10 YR Fully Amortized ARMs and 3/5 I/O Arms available- 80 LTV for PURCHASE & R/T for FULL DOC-75 LTV for SIVA (70 LTV for Cash Out)- Conforming and Jumbo loan amounts allowedRegards,Scott Miller

Im working as a server.. just started as i just moved here.. but they wont even allow me to claim tips on mortgage apps till ive been there for like 2 years and thats just not realistic for me.. dont know where to go from here!?

If it is cash flow, then you may want to consider a loan with an IO period.If it is growth and you want maximum leverage, consider trying to get some owner financing to lower your down payment.

We still need to do a pre app. and submit a business plan.

I had someone fill out an app and he put down his name as D**** his liscence had L**** as the name and I ran that also. 10 years of rubber checks and he was on probation and had warrents because he was not making restitution.

Countrywide to Refinance Up to $16 Billion of Loans I know we had discussed the idea previously, but I wanted to get everyone's take on this now that it's in motion.http://www.bloomberg.com/apps/news?