Sellers of a $339,000 home learned they had to pay off $20,000 in energy upgrades because the buyer wanted to finance the sale with a government-backed loan.

"You" put your taxed earnings into a plan that will allow withdrawals to be free of federal tax and in some cases state tax when the money is taken out to pay for qualified college expenses.

I did some research say, there is something call " certificate of subordination of federal tax lien", once the lender obtains this, the mortgage company get the senior position of the liens and they will issue the loan.

I have nearly 40k in government student loan debt, debt that I would love to get rid of.

Also the most investor friendly bank I know of here is First Federal Community Bank, I use them as well.

Hi Connor, This is my understanding on this type of loan.The FHA Loan  is mainly an insurance program by the FHA (government entity) that allows low down payment on the purchase.

My take is that if Patch of Land is strictly following their compliance obligations under the SEC and other State & Federal regulations, this should be taken as an extreme positive.  

 A lot of banks go to 95% like Navy Federal or penfed and various other CU's.TCF like Paul mentioned is not a fixed or closed end second like you said you were looking for its a HELOC which is considered an open ended loan since its a line of credit and can be used, paid down, and reused/ "open."

I didn't do home improvements and shop all day - I was actually working full time for the Federal Government (I said I did the crappy stuff after work) - as I still do today.  

I've talked to dozens of banks that think that their bank's policies are federal regulations.