Sentences with phrase «personal residential purposes»
Not exact matches
the credit is provided wholly or mostly for personal, household or domestic purposes (or residential property investment)
https://www.moneysmart.gov.au/
Do not sign a business purpose declaration if the loan is for a personal or domestic purpose, including the purchase of residential property.
Loans for these types of residential properties can be financed by a hard money lender under certain circumstances; however, regulatory agencies specify that hard money and private capital lenders can not underwrite or finance loans against a residential property if the majority of the funds will be used for «personal, family, or household purposes» rather than business purposes.
Residential Loan — There are two types of residential loans: personal - purpose residential loans (also called consumer loans) for owner - occupied properties and business - purpose residential loans (also called investment - purpose loans) for non-owner-occupied Residential Loan — There are two types of residential loans: personal - purpose residential loans (also called consumer loans) for owner - occupied properties and business - purpose residential loans (also called investment - purpose loans) for non-owner-occupied residential loans: personal - purpose residential loans (also called consumer loans) for owner - occupied properties and business - purpose residential loans (also called investment - purpose loans) for non-owner-occupied residential loans (also called consumer loans) for owner - occupied properties and business - purpose residential loans (also called investment - purpose loans) for non-owner-occupied residential loans (also called investment - purpose loans) for non-owner-occupied properties.
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The survey defines investment homes as residential property purchased primarily to rent to others or other investment purposes while vacation homes are recreational property purchased primarily for the buyer's personal use.
According to Lauster, it's a common misconception among many U.S. real estate practitioners that the majority of international buyers are looking for commercial real estate, yet the vast majority of international purchases in the U.S. are of residential property, whether for personal use or for income purposes.