Any clarity would be much appreciated.

Just for clarity, I purchased the property with a 0 down VA for $162,000 and renovated while I lived there.

Hello,It's been a while since I've posted and this may be a dumb question but I wanted some clarity on this topic.I know a cash out refinance is a way to pull out built up equity in your home and I know that delayed financing is essentially the same thing but immediately after purchasing a house with cash but this is where I get confused.Is delayed financing just when you perform a cash out refinance soon after paying cash for a home?

The agent will definitely appreciate your clarity and it will save him/her a ton of time.

For instance, @Linda Weygant indicated at some point a desire to debate us.There is not enough clarity in the Regs, so conflicting interpretations are quite possible.

Understanding the lingo of real estate is very important so when you area speaking with brokers, realtors, property managers, etc, you can express yourself with clarity and assurance and you are taken seriously. 

@Dmitriy Fomichenko for clarity I ask from a more rhetorical perspective as these are the things that run through my brain late at night as I try to get to sleep. 

He also stated that the MIP would be higher for the 5% loan when compared to the FHA.Those of you with more experience in this area, can you help provide some clarity on the above points?  

In both sets of those example routine errors that >75% of tax professionals (who are mostly idiots, just like my profession) will make 100% of the time (and there are MANY others) it can be solved on a refinance transaction where timing isn't an issue, but our time-sensitive purchase transactions - where it takes the tax professional more than 48 hours to respond to a simple email with clarity when we have a 21 day close of escrow that the client is contractually obligated to (I'm already hearing your common sense objections, and do not disagree, but most tax professionals take days and weeks to respond to simple emails) - are sometimes screwed up.

@Engelbert Devera just for some clarity: Did you get a formal counter?