How can one adjustment their residency status on their fixed mortgage loan-Exp:from primary to investment property?
FHA loan 30yr fixed mortgage.
"> Read your mortgage papers. Doing that may nullify your loan. Mortgages for primary residences are different then investment property.
DON"t do it.
You needed to be living there in 30 days of closing and intended to make it your residence. Later on you can change property to investment, to rental income, but you don't do anything nearly it on your loan. Why would you?
Related Questions:
Any US guard would fashion a mortgage loan to a borrower near income from outside the US?
Would I bring back agreed for an FHA loan if my mortgage payoff should be approximately 30% of my gross income?
What is the best computer program to add loans (mortgages,etc)?
Mortgage companies that veto to lower principle symmetry on here loans for modification?
I enjoy ccjs and i be wondering if any1 know of a company that give loans to ppl withh ccjs & no mortgage?
"> Read your mortgage papers. Doing that may nullify your loan. Mortgages for primary residences are different then investment property.
DON"t do it.
You needed to be living there in 30 days of closing and intended to make it your residence. Later on you can change property to investment, to rental income, but you don't do anything nearly it on your loan. Why would you?
Related Questions: