But if you occupy one of your units, the property can be
financed as a primary residence.
We have a wide variety of programs available, and it is often just as easy to
finance as your primary residence.
But if you occupy one of your units, the property can be
financed as a primary residence.
Not exact matches
If you will occupy the property
as your
primary residence, you can use this program to
finance a fixer - upper with one long - term loan.
Under our unique Hobby Farm Home Loan Program, homebuyers are eligible for up to $ 1.5 million to
finance a purchase of a «Hobby Farm», which is defined
as a
primary residence, but can be rental capable of some sustained agricultural production.
As a leader in mortgage lending, Bank of Internet USA offers low interest rates and flexible terms on Jumbo Loans to
finance primary residences, second or vacation homes, and investment properties.
We offer condo refinance and purchase
financing assistance for eligible properties being used
as primary residences, second homes, or investment properties.
When the property is sold or no longer used
as a
primary residence, the cash you received in a line of credit or payment, interest, and other HECM
finance charges must be repaid.
A full 90 % of people buying a home
as a
primary residence choose to
finance their purchase, meaning that they get a mortgage.
Yet the VA program is reserved for those who will occupy the property
as a
primary residence and can't be used to
finance rental homes.
Hello BP community, I am in process to purchase a short - sale property to be used
as my
primary residence and am looking into
financing options.
If they're thinking of buying a foreclosure
as an investment or second home, they need to understand that
financing the home will be more difficult and more expensive than
financing a
primary residence.
However if you aren't a cash buyer and plan to
finance the home
as well
as have a mortgage on your current home, you will need to be very clear to your bank which is your
primary residence.
When the home is sold or no longer used
as a
primary residence, the cash, interest and other HECM
finance charges must be repaid.
Any single - family home, townhome or even multi-unit (up to four units) property can be
financed with FHA 203k
financing, so long
as the buyer is buying the property
as their
primary residence.
Buyers of HUD homes
as their
primary residences who make a full - price offer to HUD using FHA - insured mortgage
financing receive seller concessions from HUD enabling them to use only a $ 100 down payment.
To start, buying a property
as a
primary residence gives you more favorable
financing terms
as you can get a lower interest rate
as an owner occupant compared to an investor loan.
You can get preferred
financing as it would be your
primary residence.
I own two rental properties
as well
as a
primary residence — both
financed through Fannie / Freddie notes.