Last night I got an email from the loan officer telling us the underwriter says the loan looks like predatory lending and raised the rate by 5/8 of a percentage.

Dodd Frank will apply...see below.Not More Than 3 Properties Exemption Any person or entity cannot provide seller financing to an owner occupant more than 3 times in a 12 month period without using a MLO (mortgage loan originator).

AKA Work-ready.I purchased the home with an FHA loan, and my original contractor (as required by FHA otherwise I wouldn't have used one) underbid the contract not understanding the inflexibility of such a loan.

Getting into a syndication now, there is a possibility of a larger market correction coming soon due to rates staying higher longer and all the floating rate loans that were placed in 2021 and 2022.  

@Theresa Harris @Peter Tverdov Why is a larger down payment of 20% on a conventional loan a better idea if the interest rate is gonna be the same for both products?

The home was purchased with my VA loan at 2.99% with a remaining mortgage of 393k currently.

These numbers need to be more conservative.Recast means you pre-pay the loan but as opposed to it hit during the duration/term of the loan, you're paying against the monthly PITI.

Buyers roll their agent commission into the loan. 

Is seller Financing a better option versus using the FHA loan to find a property?

Commercial bank loan How did you add value to the deal?