Prepaids $4,163.11 $3,866.00 01 Homeowner's Insurance Premium (12 mo.) 02Mortgage Insurance Premium ( mo.) to Investor Lending USA $297.11 03Prepaid Interest ($27.01 per day from 9/20/2018 to 10/1/2018) 04Property Taxes ( mo.) 05 G.

You appear to be a property manager so I'm willing to bet you follow this same process.You appear to live in Pennsylvania so I will tell you what your state law says: Prepaid Rent: A landlord is only allowed to collect up to 2 month’s rent for escrow purposes, 1 month’s rent during any subsequent years. (68 P.S. §§250.511a.)A recent ruling in PA makes clear that it doesn't matter if you call it prepaid rent or last month's rent or security deposit.

There were other fees for the closing, tax, prepaid that ate up the $1010.The rate is 7.8%. 

Any payments on the balance remaining from the original loan must be included in the debt-to-income ratio calculation for the refinance transaction.Note: Funds received as gifts and used to purchase the property may not be reimbursed with proceeds of the new mortgage loan.The new loan amount can be no more than the actual documented amount of the borrower's initial investment in purchasing the property plus the financing of closing costs, prepaid fees, and points on the new mortgage loan (subject to the maximum LTV, CLTV, and HCLTV ratios for the cash-out transaction based on the current appraised value).All other cash-out refinance eligibility requirements are met.

This might still be a lot for applicants in a C-class neighborhood, but it will be much less work for both of you if they can do it online (again, assuming they have access to a computer and a debit or credit card).

Since your previous tenant had already pre-paid the final month's rent (November) in full, you'd actually owe him a partial refund for the pro-rated month of November because you ended up finding another paying tenant for part of that month (the 15th-30th). 

You realize you’ll have probably 3-6% closing cost and pre paids.

For checks and debit card charges, I used my first account.

If prepaid, it goes back into the equity I can borrow against again. 

They even give you a 2-Day Fedex prepaid envelope to send back.