I wish I could talk directly to these mysterious underwriters that the loan processor keeps blaming for hold ups in the process.V/rKyle 

[Have you a similar greasy explanation to offer the IRS as to what happened to $100k that'll mysteriously disappear from your account?

I had mysterious water leaks in the kitchen too,once.It turned out to be a leak in the dishwasher even though I never used it.There was a bad hose or seal.Maybe have a repair person come inspect it.

You should fire your lender if she or he cannot, or will not, explain this to you line by line.Anyways:Your impound account needs 3 months of cushion, in addition to the 1/12th of the annual premium collected each month, to account for year 2 of homeowner's insurance from your chosen HOI provider often "mysteriously" being higher in year 2 now that you aren't paying attention to it.You are unlikely to close exactly on time for a property tax cycle, so they need to pre-fund it, and then collect 1/12th of the annual cost each month.

. :-)  I actually wish people would call it a preferred hurdle rate, which would clear up much of the confusion.My company invests with a number of syndicators and we all don’t even agree on how the term is used, though the calculations are the same either way.Feel free to visit my website or just PM me and I’ll be happy to send you a link to an article that will hopefully clear up the mysteries of preferred returned.

It's a little mysterious as to why but that's not my question. 

That should take some of the mystery out of it for you.Good Luck!

.- Have an "underwriting fee" or a "processing fee" that's mysteriously $30 or $60 higher than it otherwise would be.

I think that mystery solves itself 🙂

Why you would pay to fly somewhere just to sign closing doc's is a big mystery as well.. your presence at closing is not a requirement.