It's kind of hard to explain, but think of it as Fannie Mae being the supplier, and the bank being the vendor.

Although the fine-print reads, 'must not have owned your primary residence in the previous three years,' as soon as I shared that the mortgage was active (or active within three years), I was disqualified -- even after explaining (and offered to prove) that I had worked and rented my primary residence in a different state and never lived in the home for which I co-signed (and co-owned). 

The details leave more to wonder than it explains.

I may have to sell.Erik- I'm sorry I did a poor job explaining that part. 

I’ll be able to explain the relevance once I know this information. 

  - Cheaper isn't always better (see reason above)- Feeling unclear on costs when the LO is explaining it to you. 

@Emmanuel Duah Actual DSCR guidelines are pretty strict from my understanding however when I went looking for a DSCR loan for my last project I found a lender here on BiggerPockets https://www.biggerpockets.com/business/finder/lenders and when I explained what the situation was and what I was looking for, they didn't recommend an actual DSCR loan but I got a different type of investor loan that worked out even better

I could have explained it to anyone.

Legal and Cultural Differences: We hired a real estate attorney (standard in NYC) who explained things we weren’t familiar with — like escrow, title insurance, and co-op board rules.

No one calls us back, theres overcharges and false charges and lots of questionable and suspicious financial issues going on and no one can explain or will contact us back after leaving numerous messages with the “receptionist” at his office for over 2 years.