My understanding is that I can fill out an improvement acknowledgement form and get the finished basement permitted within a year. 

Value in the land and now has some improvements like driveway and basement foundation footer.

Improvements made to the property after the last tax filing, in most cases can be depreciated up front as well.

"Once that track improvements] happens, 'I can see restaurants, a grocery store and other retail with access to a new park with new athletic fields and a facility that is attractive to the Greater Baltimore community,' Cole said."

Based on your current principal balance of $109,001.01 the property must appraise at approximately $167,694 to reach the required 65% LTVRegardless of when the account originated (even if it was less than two years ago), it may be eligible for PMI cancellation if (1) substantial improvements have been made to the property that have increased its value, (2) the LTV has reached 65% of the property’s current value, and the LTV is confirmed by an appraisal that is ordered, and directly received, by Home Point and that is completed after the relevant improvements have been made.

a HELOC in most cases will go up to 85% CLTV combined loan to value which basically allows for you to use funds after the purchase for renovations to improve home and its value. 

Toledo is also now ranked the #2 city with the most improved parks in recent years, as the city government has been spending a lot of money to revitalize its parks.

Toledo is also now ranked the #2 city with the most improved parks in recent years, as the city government has been spending a lot of money to revitalize its parks.

Consider waiting a little longer and improve that credit score, smash some debt, and aim for the conventional loan.

I don't think things are getting worse, I think the opportunities for improvement are getting better!