Pointing back to #1 above, let's first make sure that we're comparing apples to apples or at least to some other fruit.

Any good opportunity can attract bad apples, but here, they don't last because the culture is being of service and making a difference.

The WIFE would be the DEBTOR responsible to make the I/O payments of $8,312.50 each month and the future balloon payment due of $1,1425,000Q- How does the Husband get his funds out to complete the Divorce?

Thanks,Hey Joel,If you are tight on PITI, then I usually recommend looking into an interest only loan, maybe on a 5-10 year IO plan, to lower your payment and see if you can squeeze it in.Plus, rates are starting to dip a little bit, so it makes it a little more doable, especially if you just do a rate and term refinance to help keep your rate lower.

I took your advice to mean they are only getting paid on their fees, not the rate charged.Lenders make their fee 1 of 2 ways typically.Lender paid compensation= the lender/broker fee is baked into the interest rate (most transactions are done this way but it makes it difficult to understand the actual base rate of the lender because they may charge more or less than other lenders so the comparison is not apples to apples).Borrower paid compensation = the comp is paid directly by the borrower as a line item in Section A.

So, be sure you are comparing apples to apples in projections, since they are not all created equally! 

Plus, they are picky on what regions that work in, which is another layer to look into.The second group, with the right experience, does 10.5%-11.5% Interest only for 90%, and if the values come back in their valuation, will do a second on the down payment at about 17% IO so it balances out at 100% LTC. 

I have found that Apple .heic doesn't work.  

Compare apples to apples. 

I want to pay back that LoC cause I'm getting smash with the interest at 8.5 percent killing The property also has a 3.6 percent interest i assumed for 3 more years what’s the best options for me please help.Michael need to put the numbers together no way will make sense to refi a 3.6 interest ... you will get 7.5 to 8%  on that .... 500K I/O loan is not bad at today's rates.