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When applying for a mortgage, a borrower’s "Occupancy Type" is a major factor in the amount of down payment required, loan program available and mortgage interest rate.. Whether you are purchasing, doing a rate/term refinance or taking equity out of your property through a cash out refinance, occupancy type is always considered by the underwriter.
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I recommend all my friends to call Mortgage Masters Group See More May 4, 2017 A few months back, we recommended one of our clients to Felipe and he took excellent care of her, an. d not only got her approved, but he also coordinated things with other providers such as inspection, appraisal, repairs, and hazard insurance.
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