This is to ensure that both parties are aware of the loan and to protect the lender's interest in the property.

If you have doubts get the extended warranty. 

Currently I have a regular primary homeowner insurance policy on the house as it was our primary home for the past year.

People seriously please stop spreading complete non-sense around, because the people new to this WILL believe your crap and you are ruining their lives!

I’m not able to personally qualify for cash out refinances.I’m looking to sell my home located in Southwest Florida in a HOA community but want to remain in the home to lease- 3 years or more.Does anyone have experience with this type of program or have any suggestions for me on where to look to get this done.

As the buyers agent simply cant add value more than bringing the buyer to us..

@Travis BiziorekYeah, please send the info my way!

Three years ago, I moved to the U.S. with the goal of building a life through real estate investments, primarily focusing on the Midwest.

So the loan for the rental shows as a debt but the income is not reported to the bank where we are trying to get the new loan.

Every dime had a purpose and the majority went into the rehab.