Best Mortgage Deals You and your potential lender you need to estimate your income and debts. Great uncertainty is reflected…
On Your write-offs may impact qualifying for a mortgage
Matt, Lenders anticipate that you are going to occupy the property for at least a year. It's in the actual…
On Is it a Primary Residence, a Second Home or Investment Property?
I am nearly through a re-finance on my current home as as a primary and it should be finalized in…
On Is it a Primary Residence, a Second Home or Investment Property?
Consider The Mortgage Porter: Private Mortgage Insurance Saves the Day for Refi's with Low Appraisals
On Private Mortgage Insurance Saves the Day for Refi’s with Low Appraisals
Connie, tax laws and underwriting guidelines/or how an underwriter will view your scenario are apples and oranges. I recommend discussing…
On Is it a Primary Residence, a Second Home or Investment Property?
If it would qualify as owner/occupancy then yes, we would live in the home part of the year and rent…
On Is it a Primary Residence, a Second Home or Investment Property?
Connie, you need to discuss this with the lender who will be helping you with the mortgage. Are you planning…
On Is it a Primary Residence, a Second Home or Investment Property?
My husband and I are considering buying a second home in another state. We plan on using the home for…
On Is it a Primary Residence, a Second Home or Investment Property?
Hi Set Go, it sounds like it your scenario could be a considered owner occupied if you're not renting it…
On Is it a Primary Residence, a Second Home or Investment Property?
Hello, Rhonda, thank you for this informative website. Please help me figure this out... Right now, I'm Homeless, I have…
On Is it a Primary Residence, a Second Home or Investment Property?