Connie, tax laws and underwriting guidelines/or how an underwriter will view your scenario are apples and oranges. I recommend discussing…
If it would qualify as owner/occupancy then yes, we would live in the home part of the year and rent…
Connie, you need to discuss this with the lender who will be helping you with the mortgage. Are you planning…
My husband and I are considering buying a second home in another state. We plan on using the home for…
Hi Set Go, it sounds like it your scenario could be a considered owner occupied if you're not renting it…
Hello, Rhonda, thank you for this informative website. Please help me figure this out... Right now, I'm Homeless, I have…
...soon we'll have a new document to replace this Good Faith that HUD created (along with many headaches). Great intentions…
D, there is no way for me to know what your lenders may do. I'm sorry!
Hi Rhonda, One more question would the lender consider this breach of contract and call the loan due? And what…
D - it's not really something I can completely answer. Fannie Mae could allow this type of financing if your…
