The question will be what the regulations are 6-9 months from now when you're actually in the process of doing the refi.Talk to some local lenders, find out what their current requirements are and keep in close touch with them so you'll know if those requirements change.

My recommendation is to stick with them mailing a check to your bank because check fraud regulations are vast and provide much more protection than electronic deposits.

Germain Depository Institutions Regulation Act of 1982, provides an exemption to the Due on Sale Clause being triggered if the property is transferred to a relative as a function of the death of the borrower.

If they try to hold your deal hostage, start calling the local Board of Realtors first, then the state agency regulating agents.

Absolutely, brokers and licensed lenders can make such loans, not individuals or other entities who are not in the business of lending or regulated as such.Know too that points are pre paid interest which for an individual may not be authorized or may push the APR to be an issue of usury.Maybe not years of study, best just to get with a broker or lender as David suggested, learn from them. :)

The results will be legally drawn up agreements for your use.Every state has unique laws.Every state has unique legally acceptable legal forms with legally acceptable legal language for that state.Just they way you communicate with a tenant is regulated.

Consumer loans obviously have a boat load of additional regulations unrelated to SB978. 1) I have to make a disclosure filing with the CA Department of Corporations for every loan that involves a non-accredited TD investors, that if isn't done properly can have real consequences ... reason one to work with only accredited investors.2) There are limits on LTV, like 75% of as-is value for NOO SFR TD investments, that must be followed unless you have funds control and fancy appraisals.

@Karen Margrave and @Mark FergusonIn Pennsylvania, residential title insurance rates are regulated by the State Department of Insurance and the rates are set by law.

That during the seller's ownership that loan servicing has been in compliance with applicable rules, regulations and law.

Facilitating one transaction probably won't be an issue, but doing 16 becomes more obvious that you're in the business and it depends on how regulators view your operations. :)