Any adjustable, callable or with balloons for sure - then my 6%+ fixed ones.Paying off debt is never a dumb decision though, Steve.

As an engaged seller, I just called their loan officer whose letter head the approval letter was on.

@Catherine Peters so a few thoughts. 1) to "mention" someone type the @ symbol followed by the first three letters of their name and a drop down list will appear with those that match.

You should get pre approved before buying anything.Most sellers, if not all, will want a pre approval letter or proof of funds with the offer.

They will probably give a loan letter that states their average time to close your type of loan and the maximum amount you qualified for.  

And I am actually going counties for the owner occupied haha, Im going as big as I can within reason and my ability to handle the letters. 

Corp means that I don't get the same mortgage terms, personal means that I need to get a balloon insurance (whatever that is).

.- 20y fixed- 5.5%- commitment fee - $1,000 - "due upon acceptance of the commitment letter" + $250 docs fee.

As I see it, your options are a warning letter/discussion, a 3-day to perform or quit (regarding quiet enjoyment of premises), a 3-day to pay when the rent is due (but I stress again constantly collecting on the 10th has tacitly made the due date the 10th unless you reset with a change of terms), or flat out termination with a notice to quit (30 days if living there for under 2 years, 60 day for 2+ years, or 90 day for a HUD tenant or as your housing authority requires).

I am about to start sending 5,000 letters/month.