While the statute specifically identifies "mortgage loans" other Federal and Illinois law includes chattel lending on manufactured homes into this definition for this purpose.Synopsis Amends the Residential Mortgage Licensing Act of 1987.

PenFed doesn't have interest-only but they do 15 year HELOCs on investment properties up to 80% LTV.Navy Federal does interest only HELOC's on investment properties up to 70% LTV, but not in Texas...one often recommended but, sadly, one to eliminate.Regions, TX: Generally the maximum loan to value is up to 80% for a 1st or 2nd mortgage on a primary, secondary or investment property.A minimum $4,000 draw is required for Texas Home Equity Lines.

Apparently there is only a limited amount of federal funds for something that size and there are several people going after the same money. 

The interest rate is determined quarterly as the federal short-term rate plus 3%.  

@Tony LindMike Jacka is the president of the MN REIA, and at our recent training on Subject To, he showed the legislation for the due on sale clause (Federal), and the State of MN law that forbids a bank from exercising this right.  

It was telling me for Florida that I needed to hold like 7. 4 at federal 2at state 2 at local.

An attorney I personally know was involved in a real estate transaction and he just went too far, he  was in his 50's and he'll be in federal prison for the rest of his life, in fact I heard rumor that he didn't survive.We have two other national profile attorneys giving classes on "systems" mostly very good, but neither one are totally correct in the financial arena. 

We have a lot of Federal Employee Credit Unions here in the DC, and I wont let my buyers use them, nor will I accept an offer if that is the lender since I know there is a 90% chance they will have a delay.  

According to the Federal Housing Finance Agency, as of July 2015 we had already reached the levels of November 2006 (pre housing crisis,) with the average nationwide house price of $240,000.

I found that the floor for Federal Hill was about $650 per bedroom near Riverside Park or near the southern end of Federal Hill proper.