If you are holdings off because you think it's morally incorrect to charge market value for your product this isn't your business.

I say talk to a few other mortgage brokers and see which one would provide you with the best experience, and the best loan for your situation actually @Erik Estrada this is incorrect info. usually FHA, even despite lower interest rates, does not result in a lower monthly payment. its typically higher, actually. mostly because you're financing the up-front MIP, and the monthly MIP is out of this world expensive. to compare (ballparking, not on any specific transaction) FHA MIP could run you $350 per month, whereas conventional MIP could be somewhere in the $160 per month or even less depending on credit score. the only way to know for sure on monthly is to run a side-by-side comparison. 9 times out of 10, conventional will result in lower monthly payment, despite carrying a higher rate.

We haven’t had a legal challenge to any of those holdings to test it, and since we don’t give legal advice I also haven’t asked our counsel for guidance on this issue.I suspect that the state law where you reside is what governs, but I’m sure that there are some attorneys on the forum that can correct me if that’s incorrect.

We see those components removed incorrectly for HVAC often.

DIY ALL DAY Underlay well, get that first course in correctly (feel free to ask about the finer details of this...

This usually doesn't happen here any more with banks since there is such competition here at this time (but we found extensive damage that was hidden such as the roof having three layers of roofing, the bottom which was cedar shake with ZERO sheeting at all).Pre-purchase: 2bed/1bath 800 sqft finished living space with an unfinished 720sqft basementAfter Rehab: 3bed/2bath 1520 sqft finished living spaceRehab consisted of: demo, re-wire entire house, move electrical panel and update, roof, siding, hardwoods installed, build new bath in basement, add master bedroom in basement, add washer dryer closet in basement, remove upstairs wall and add beams, remove addition in back and rebuild deck, fencing, landscaping, EVERYTHING, you get the idea.This house did take a full month longer for rehab then anticipated, but it all worked out in the end.The Bad: Budgeted 75k for rehab, ended up 88k, anticipated 60day rehab, took 90days, termites, no HVAC where we thought, Water heater was leased so it got removed after buying it (didn't know that), had to fire a contractor and have others fix his bad work, bath tubs were lain incorrectly and was not discovered until we were ready for tile...The Good: House turned out WAY better than thought, the additional time for rehab gave time for neighborhood market to increase as well, low inventory at time of listing, sold in 4 days.Numbers:  Purchase: $165k (CASH)Rehab: $88kHolding costs: roughly $2500All selling/closing/realtor/staging/misc: $35kSelling Price: $369,000 with no concessionsNet Profit roughly:  $82,556

@Josh McCarthyYour assumption is incorrect.

As well as possible shift into a career in Reality to learn the in’s & out’s.Like I mentioned previously, clearly there is a GREAT reward with Real Estate, but if done incorrectly.

But postured correctly this actually can be seen by the bank as a positive.

I think I may have filled it out incorrectly.