The Home Purchase Program is designed to help local residents that would not otherwise be able to own a home, purchase a home by providing assistance for down payment, closing costs, prepaids and/or repairs.In addition, Florida Housing also offers up to $14,999 to assist eligible borrowers with their down payment and closing costs!

Taylor, Do they have an actual bank account tied to the debit card or is it one of the prepaid debit cards?  

If you have a pre-paid legal service this review is often a covered benefit.

Closing costs - you'll pay appraisal (optional for cash), inspection ($300-400), title insurance ($1000+), wiring/escrow/settlement fees (<500) and your share of prepaid prorated property taxes sent to the govt.

It's simply calculated and charged (at 12%) for a shorter period of time (6 months).You asked that it be explained in detail, so I hope this isn't toooo detailed, but I'm going to give you the calculator punches on a simple 4-function calculator:(amount borrowed) X (interest rate) = (annual interest**)(annual interest**) divided by (12) = (monthly interest)(monthly interest) times (number of months you owe the money) = total dollars of interest paid**annual interest expressed as a dollar figure for total one year's interest at that rate*APR: I think you might just want to think in terms of the interest rate, instead of saying APR (annual percentage rate) as the APR is a combined rate that includes the interest rate being charged, and all other "finance charges" such as up front lender fees, prepaid interest, etc.The APR is required under TILA, the Truth in Lending Act, and only applies to consumer loans, so would not apply to a business loan, but your business banker might just be in the habit of using that term anyway.Dennis, are you still awake?

We actually bought a prepaid phone and Fedexed it to her address.

A week to week can be written to give the tenant 30 days notice instead of the 10 days minimum required by law, and to accept pre-paid rent so you're not cashing weekly checks. 

You see Prosper will only transfer into a personal checking account and what I thought was a checking account was actually a prepaid debit card account with a check writing feature. ???

I understand that closing costs are made up of 2 main areas: one time fees and prepaid/escrow items. 

How did you write up the lease that was pre-paid?