Until the draw period ended, I maxed it out just before that and then paid the $100 fee to get the rate fixed.

Merchants Bank MN See Pavel Ushakov>=700 (credit score), <=80% LTV the rate would be Prime - .25% 
>=700 (credit score), 80.1% - 90% LTV the rate would be Prime + .50%
>=700 (credit score), >90%, the rate would be Prime + 1.75%30 years; 10 yr draw, 20 yr repayment.

Looking at it on an apples to apples basis with alternative options, you'll want to consider points, fees (loan app, appraisals, draws), skin-in-the-game requirements, whether it's a dutch loan or not, if there are extension options, when interest payments are made, the risks involved in the deal...so, for example, would you rather pay 20% interest on 6 months at the end of a deal with no fees....or make monthly payments, put say 20% down, have some fees, and pay 10% to 12%?

In this case when people are seeing payments pulled back they are most likely set up as automatic draws each month. 

Educational pieces tend to draw those that know enough to learn more.  

I just don't see the purpose in paying an agent to list, show and draw up paperwork when I can complete the 180 hour course, get apart time job with company for 6 months or so to learn the ropes and then do it all myself from that point on. 

You got great info from @Brian Eastman Q3. if you are done and “retire” before 59.5 and want to start drawing distributions you can use systematic equal periodic payment (SEPP) with out any penalties -research 72t distributions for the details.

You will come out of pocket the costs to get your rehab started and then request draws from the lender as work is completed.

Each is furnished very differently and each seem to draw different crowds.

I’m new and  have a question do I need a lawyer or a real estate agent to draw up a contact and i have little capital i been doing research and i how do I assign a contract to a buyer