It comes out to about a 25% down payment total. ( We are still waiting for the loan committee to complete the spread for the final word).It would be a 20 year loan from the bank. 

I can bring this up at next months realtor public policy committee. 

good sleuthing.. hope there was some nice upside.I went into a meeting to buy a development property.. owner was a golf course and the golf course has 35 investors.of which 2/3 rds need to vote.. sitting at the meeting the investor committee was polarized..

This replacement of non-like receptacles, forced the technical committees and code writers to come up with language in the code, identifying this practice as not up to code and creating language that would allow enforcement of this practice.

With the commercial loan officer I work with, when he asks me the "source for down payment", I have listed "private lender" and discuss the project with the loan officer, so he can explain to his loan committee on my behalf.

When the call comes (usually every 5 yrs) the loan review committee will use them to determine whether to renew your loan another 5 or not. 

@Ryan DeasyUsually in Connecticut any changes you are proposing need to be approved and reviewed by the historical board / committee in addition to the regular city inspectors.In Bridgeport they are a few 80 year olds who meet every other month on Tuesday to review proposals to restore their sacred properties. 

And contacting the banks agent and the brokerage they belong to along with the Realtor's association should get you some answers too. a real estate attorney is no help in this.. the buyer has no standing.. the proper action here is 1. file a complaint with the department of real estate.. let them investigate its free. and they are the controlling entity not an attorney.2. file a grievance with the ethics committee in your MLS system..  

Your personal financial package should include an up to date PFS and last three years of tax returns.When you present a complete, thorough, detailed professional package it goes a long way with the banker and the loan committee that will be voting on your project.

., and last (but certainly not least) your alderman's re-election campaign committee.