I have had them kicked off completely becasue they totally lied on application.2.

And what paperwork do I need, as far as lease agreements, applications etc..

I bet 1/3rd of applicants to my basement apartments are surprised I have them and apply within minutes of seeing it.

Just today I had to ask for $800 holding funds to a newly approved applicant.   

Even in strong rental markets, you must take steps to ensure high quality applicants are identified and screened.

I filled out an application with them a few months ago. 

Looking for a lender that would feel comfortable with the value of property I already own (free and clear)Current or prior ownership of real estate: Currently own - Current townhome $250-275k (free and clear), Investment commercial warehouse $300k (free and clear), 50% owner in out of state (South Carolina) single family home $275k (free and clear)Occupancy: Current townhome occupied by us, will list for sale once we move - Investment warehouse is fully rented - Out of State home used as vacation homeValue of property at present and/or your offer price: We're shopping for a home in the $400-425k price rangeAfter repair value: $400-425kAnticipated or actual appraisal issues: Actual valueCurrent rents per month: N/A - Will be personal home, not being rented outFair market rents per month: N/aDown payment or equity: We will put at least 20% down, probably $100-150k down paymentSource of down payment funds, if applicable: own fundsIncome Source: self-employed (Retail) and more recently landlordGross monthly income (optional): $7,668.00Monthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc:  Maybe $400/month at the mostFICO: Excellent - 814 (TransUnion) as of 12/18/18, 810 (Equifax) as of 12/18/18 (via Credit Karma)Credit issues: No credit issues. 

"Sounds like" is no substitute for educational research by studying applicable statutes and performing due diligence. 

Not applicable to a note unless you compare it to another note.The computation as to the yield on a discounted note is the measurement to use.

Even if you can make it work, the universal FM loan application requires you to affirm that you are not borrowing the money you are using as a down payment.