Always love visiting Chincoteague.. looked at homes down there as well in captains cove.. 

Is this some kind of government regulation, or are there other lenders who will still finance a HEL or HELOC? 

Also, if you haven't met with the broker it can help to have some kind of written track record of investments (either online or in a file). 

Is there some kind of bulk deal that you're negotiating?

Months ago, he asked me to find out what kind of rate I could get with my bank on a 30-year fixed mortgage, which was about 5.5%.

What if we offered them 15-20k in cash up front as kind of a down payment on the house and then took over their mortgage payments.

Also what kind of financing would I be looking at from bank?

Access to a dedicated real estate coordinator, kind of like your personal real estate concierge, who works closely with your agent as a team, is available to answer your questions and guides you through the buying and selling process. 

Wilson for that kind of thing.

I have kind of assumed the city is broken in the four corners.