A lender is the middle man who will sell your loan to the big banks and in most cases charge you points and higher fee's to support the branch and loan officers commissions.

I’m really rethinking this.There are no comps in the area to support his price but I’m sure it will appraise, usually it does.$275000 with 25% down, taxes $4080, insurance is 3000 yr and rents is $3800 month, Water $400 mth. 

If I use a RMLO service I assume they cover the Dodd Frank and other consumer rules?

The general rule is: to anybody who was paid by you for services (work) or who received a profit distribution from you – if he received from you a total of at least $600 total during 2023.

Rule of thumb: I've been told "Never fall in love with a property".

Have you tried reaching out to Stessa’s support team?

If you go this route, be aware that you’ll lose payroll deductions—so you’ll have to track contributions on your own (see IRS Publication 969 for HSA rules).2.If You Own a BusinessIf you’re running an LLC or S-corp, you might be able to fund an HSA through that payroll.

So, for a $2,500 rent with a 3x income rule, you’d expect their combined gross income to be $7,500/month.As for utilities being included in the rent, some landlords in NYC do lower the income requirement slightly (e.g., to 2.5x or 2.75x) since tenants won’t have additional out-of-pocket utility costs.

If you need assistance, I’m here to help.Best regards, Stevan Thank you very much for your support.

Asking in the correct forum will get a better response.Read the RULES!