Also keep in mind its 24 months technically not 2 years, so as long as you have 24 months of the past 5 years (does not need to be consecutive) Your good

Does it matter where the lender is based as long as they meet the licensing within that state?

Quote from @David Gruszka: I wouldn't touch this applicant with a ten-foot pole.The drug felony is old enough that it may not matter as long as she has maintained steady work and kept her finances straight.

I am currently in debt a total of about $75,000 and they don't tell you that you should really have funds for the cost of the program and at LEAST 9-12 months because it could be that long for a deal to be closed.

As long as you don't argue with them or make them mad, you should not experience more than the usual brain damage of getting permits.

One point to keep in mind, we are either gonna be IN or OUT. 

Very simple math of $10 x 3 x 365 is $10,950 per annum and these violation are over ten years old, this bill could be huge if I am liable for the daily element of the fines.https://www.nyc.gov/site/hpd/services-and-information/penalt...)Thanks for your help - long time reader, first time poster.

Can anyone advise based on their experience which will be cheaper in the long run?

We are remodeling the home one room at a time.

My current primary ( scenario 1) Keep the primary for the life of the loan ( current rate is 4.5 so i dont see my self refinancing anytime soon)current home value 1,150,000Loan amount 935,000appreciation estimate 5% per year after a 28 year hold and the house is paid off I would have a house worth 4,312,000$my current mortgage is 6125$ ( piti) included My second option( scenario 2) Sell the house, walk away with $150 ,000 ish in hand and put that into a low cost index fund Rent a house elsewhere for about 3000$ ish and take the extra 3000$ im saving everymonths from not having to pay my mortgage and puting that money in the index fund as well I ran the numbers on both of these scenarios and doing what I mentioned above would break even at about 28 years meaning my stock account would be worth 4.3 million just like my house would , but the only is that holding a house for 28 year would mean 28 years of property taxes, loan interest ,home insurance and repairs etc whick I calculated to be about 1,200,000$ at minimum which raised my eyebrows to say the least Also i understand that each of these options ( stock market vs real estate ) will have there tax consequences ( long term capital gains) so any thoughts on that would be appreciated as well.