The borrower must be a primary
residence owner occupant or a qualified non-profit group.
Not exact matches
In the National Income and Product Accounts, «rent» appears on only one line, where it refers to the benefit
owner -
occupants receive from their own
residences, as if they paid rent to themselves.
*
Owner occupants are those buyers that will occupy the property as their principal
residence within 60 days of closing and will maintain their occupancy for at least 1 year.
Any credit worthy potential
owner -
occupant who will make the condominium unit their principal
residence and who meets FHA underwriting criteria is eligible for a mortgage insured under this program.
Notice by the
owners or
occupants of any
residence or place of business of their unwillingness to receive any uninvited peddlers, solicitors, canvassers, or handbills shall be given by displaying a weatherproof card, decal, or sign easily seen from the public right - of - way or the normal entryway to a house or dwelling.
Unauthorized entry occurs when you enter or remain in a
residence without the permission of the
owner or
occupant.
770 ILCS 60/5, a sub-contractor must give notice to the
owner -
occupant of an existing single family
residence of the subcontractor's participation within 60 days from the first date of furnishing materials.
The police had obtained a warrant authorizing the search of a
residence for evidence of theft of electricity, including documentation identifying the
owners and / or
occupants of the
residence.
Andrew learned in corresponding with the buyer that she intended to use the property as a vacation home and not a primary
residence; however, Andrew neglected to communicate this information to his Fannie Mae Sales Representative and allowed the buyer to submit the offer as an
owner occupant.
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.
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 %.
A financing contract is subject Dodd - Frank on any
residence financed by an
owner occupant, this also applies to land where a
residence may be built..