Like I said, we're having a consultation about our marketing program, which is - admittedly - very young, since we just completed our first mailing and will be sending out the 2nd. 

I know how it works from the program logic.

The way the program works and terms offered are very similar to the FHA 203k.

The loan officer will be able to tell you how much the upfront PMI will cost.3. if you have student loans, find out if the loan officer has you on Fannie or Freddie program.

@Kay KimTalk to @Upen Patel - I believe they have a program where it may be a construction then a permanent (two closings).

I have to move into the property in order to utilize the FHA program.

This is typically a 5 year arm and there is an origination fee of 1% point associated with this program.

@Danielle Voth- I think  what you might be asking about is  what  lenders  call " payment  reserves "  ...this means that the  lender  wants  x number of months of the new  mtg  payment left in your  accounts  post  closing  .....eg...if new  total payment is   1K  - lender will want to see  6K +  .......some programs  require a higher # of months of   reserves  .....confirm /  clarify  with the lender  you are  pre approved with 

I hear good things about Rod's program.

I believe my tenant's autistic son is already under a program where he receives help.I have spoken to the neighbor already and intend to talk to my tenant about the situation, mainly as a mediator.