We are only allowed to screen non-tenant applicants for criminal and rental history, nothing financially related. 

, and lease history to name a few.Don't be lulled into complacency by seller financing either.

It will auto download bank and credit card transactions, give you reports by account, category or property in any form you want. 

Verifying last 2 years of rental history very important!

This is much lower than the costs associated with refinancing.Benefits of Mortgage RecastingLower Monthly Payments: The most immediate benefit is a reduced monthly payment, which can free up cash for other financial goals.Save on Interest: By reducing your principal balance, you’ll pay less interest over the life of the loan, potentially saving thousands of dollars.No Credit Check or Appraisal: Unlike refinancing, recasting doesn’t require a credit check, income verification, or home appraisal, making it a quicker and simpler process.Keep Your Current Interest Rate: If you have a favorable interest rate on your current loan, recasting allows you to maintain it while still lowering your payments.Drawbacks of Mortgage RecastingRequires a Lump Sum: Not everyone has the cash on hand to make a significant lump sum payment, which can make recasting inaccessible for some homeowners.Doesn’t Shorten Loan Term: While your monthly payments are lower, recasting doesn’t reduce the length of your loan.

Hi Jerrell,  The best option for trying to get a HELOC on a property would be to check with local credit unions. 

Yes, that’s another credit union only asking for 10% down with no pmi.

Caution:  Personal credit card financing is a huge risk and good luck finding 0 percent interest today.

So I put $1600 on a credit card for a down payment and then pay $500 a month until the full amount was paid off.

Verifying last 2 years of rental history very important!