Also if your policy is 3x the rent in income and no co-signers, then they don't meet your criteria and reject...

LOTS Of fake lenders work BP  face book linkdin etc.if you cant find anything on them I suspect you may have run into a fake.the telling clue will be1. rates too good to really be true or lower than industry norm2. too quick to approve you..3. they want a modest deposit up front and give some BS reason why the want it.4. no website ( although many fraudsters have generic websites website alone does not mean anything.5. check on licensing.. there are only about 12 states that require licesnes. not sure about our state thoughBut I would say 95% if you cant find anything on them.. and any of the things I said above are what they are telling you,, cheap rates small up front deposit.. probably not real and you will just lose your 500.00 bucks or whateverOh the other great one is you have to buy an insurance policy because your new or a little weak on the financial side.. there are NO insurance policies for private loans if you fail to pay.. that's just another fraudulent payment to a non exisitant entity.real estate lending has become the new Nigerian prince scam..

Insurance is not based on any quote by a company that actually pays in case of a mishap or disaster.

They will also do a Title search and issue you an insured deed.

There is a big difference between the escrow/trust accounts of such an entity and holding your proceeds in an actual FDIC insured segregated account with a Federal Reserve chartered bank.  

Other shared expenses could include insurance, snow plowing/landscaping and trash removal. 

I have a simple policy.

I think you should be OK on the mortgage insurance given you have 20% down.

The items in blue are calculated based on the other data.I took some sorta educated guesses for things like yearly increases in taxes, rent, expenses, insurance, and appreciation.

Maldonado and Brewer are officers with local chapters of the Service Employees International Union, while Pariset is a policy advocate with the nonprofit law firm and advocacy group Public Advocates in Sacramento.