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.
Not exact matches
The
rates are very slightly higher than if we were buying
as owner -
occupants.
This friend would buy a property for his personal residence, getting the best financing
as an
owner occupant, lowest interest
rates, fixed for 30 years, and with the lowest down payments 3 to 5 %.