Shouldn't the mortgagor refund all prepaid property tax and insurance premiums to the homeowner on the day the mortgage is 'satisfied' ? 

Hey Tj Hock I did something a little similar out here in Washington, and I called it "Pre-paid maintenance" and it included 2 hours of maintenance.

In general it's a 50% LTV loan, fully amortized over a period up to 15 years, and can be pre-paid anytime without penalty.Send me a PM if you'd like more information.Continued success!

Investment propertyMulti-familySmall loan amount ($50K)The last Lender I was working with, had my closing costs at about $4600 + prepaids.. $56k loan, I would net about $49k.

Free of charge for both parties unless tenant pays with a credit/debit card, link a checking account and all is FREE.  

Pre-paid rent? 

This option requires Tenant to have a checking account at a bank in the United States, or a credit or debit card.

This month we raised rent by $100 per month and the existing tenant prepaid the full year!  

Step 2, Review your household expenses and find ways to either cut unnecessary debits each month.

But here are all the details straight from the horse's mouth: https://www.fanniemae.com/content/guide/selling/b2...The article you reference mentions rehab costs being included in the refinancing but that's not listed in the Fannie guidelines: "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."