When they added this requirement, that was one reason we decided to switch to using a much more reasonable and customer-focused custodial institution as the back-end for our programs. 

Hi, I'm looking for a lending institution that will do a HELOC or home-equity loan on a rental property (the property is 100% paid off currently). 

Was wondering any advice that I can get before investing in my first house in MA?

@Robin Dassy the absolute BEST data source that I have seen for ANY state out there is the Texas A&M Real Estate Institute. 

Hi Eric, I work for a national commercial mortgage broker (including lending in MA). 

@Raj G.First, to be eligible for a Solo 401k plan you must be self-employed or have a legitimate business with earned income and no full time employees (over 1,000 hours per year) except yourself and your spouse.If you wish to invest in real estate then you need self-directed Solo 401k, brokerage or major financial institutions will not help.

Hi BP,Any Real Estate agent in Plymouth MA,doing Investments in that town?

(it was instituted back in the days of 7% interest)I believe that any bank will want his ss if it is in his name because interest must be reported. 

Question 2I was told my property (in Columbus Ohio) will need to "season" for 12 months before a loan can be granted based off of the appraised value instead of the purchase price.Is this normal and does anyone know of financial institution that will provide shorter "seasoning" periods?

This isn’t some rich lender down the street or some bIg name banking institution , this is your mother and you got to get her money back first before anything else .