Sentences with phrase «classified as a primary residence»
Owning and living in a rental building is allowed by mortgage lenders and, according to mortgage lending guidelines, when you live in a building you rent out, the entire property can be classified as your primary residence, which gives access to lower mortgage rates and potentially larger monthly profits.
https://themortgagereports.com/
Today's refinance rates depend on whether your home is classified as a primary residence, vacation home, or rental property.
Today's refinance rates depend on whether your home is classified as a primary residence, vacation home, or rental property.