The first ten years are interest only (borrowers can still add principal payments) and at the end of the term the mortgage converts to a twenty year fixed mortgage at the same rate. 

Do they appraise for the same amount?

I rent an apartment in an area that forbids apartments from asking above a certain amount for rent this year.

However, if it takes longer than 90 days, expect to either be left with just the modules to guide you, or be ready to pay a significant amount of money each month for "coaching."

I don't believe me or my wife's income will be able to cover a full 80-90% LTV line of that amount but I want to be able to get a line as close as possible.Is there currently an institution that is recommended or any that should be avoided?

This increased my down-payment amount and also axed some of the stuff I was hoping to save on but in the end it still worked out.

I have a good amount of equity in it.

Hey BP house hackers,Actively making offers on house hack deals in my area and want to get your thoughts on something. Many of the properties in more desirable areas (and higher potential for appreciation) would allow...

I haven’t introduced the idea of doing a mid term rental while I was gone, would that change my potential loan amount?

There seems to be a discrepancy in the market with the amount of available single story housing options for those who might have a hard time geting around.