However we are also all about disclosure and don't have any hidden fees , upfront fees, or back end charges.There was a local mentorship program in our area, where experienced investors worked with students.

Just worked out that it ended up being approved and set up for closing the week after.On to my question:1.

Does anyone have any programs that work for them?

Do you the typical weisal clauses (property or title inspection, partner approval, etc)?

For those of you that own in Section 8 type communities- has anyone been successful in converting tenants to this subsidy program?

If you are on the cusp of approval, a mortgage officer will do everything they can to help you develop a strategy for the fastest results because they WANT you to be approved so they can make money.As far as the credit lines with your husband, can you at least close the accounts if you can't get yourself removed?

I was able to find a way around this; here is what I am dealing with:- This rule only applies to FHA loans but 95% of the buyers out there (at my price point) are using FHA loans- When I get an offer from a potential buyer and they show me a mortgage pre-approval letter it does not mean anything...most of those lenders all they do is check the buyers credit score.

Is it normally hard to get approved for such amount??

To get this loan, you will have to SIGN statements saying you're going to live there.Further, there are very few loan programs that even let you buy a primary residence with 5% down.

Seeing as the gov't has a wonderful whistle blower program, maybe that will be the new "guru" get rich quick scheme.