The payment they make goes toward November and next one December…Now as the lender you can also say “we are only accepting full reinstatement” which is November through April and if they send money you can send it back or hold in escrowThis is why a servicer and attorney come into play because I have seen people go to foreclose and prior to foreclosure accept one payment and in that state you cannot then foreclose.

This mortgage is too much for me anyway and i feel i could use this money to eliminate hard money lenders in my flip business.

Amazing lender is allowing 2% down? 

What I am unsure about are the following and need answers:1) Does an MLO need to be employed by a lender or mortgage bank?

All the above references owner occupied residences, Federal law has no prohibitions concerning due on sale in non residence situations.  

While true student rentals typically operate on a per-bedroom basis, your lender might not favor this approach.

@Claudio Garcia ZunigaI have two all star lenders if you need a referral here in Austin.

I am using a hard money lender and just purchased a property from auction in Hull, MA.

Jason,What lender does 75% LTV for foreign national DSCR?

I would focus on staying professional, and when the renewal date comes up do not hesitate to send a notice of non-renewal.