Occupancy
Occupancy is how you plan to use a home. It can be your primary residence, a second home, or an investment. It shapes your loan terms.
What Occupancy means
A primary home earns the best rate and lowest down payment. A rental costs more and needs more down. Stating it honestly keeps your loan sound.
Florida example
A Florida buyer who will live in the home gets better terms. An investor buying a rental needs a larger down payment. We match your plan to the right loan.
What it means
Occupancy describes how you plan to use a home: as your primary residence, a second home, or an investment. It shapes your loan terms.
Primary homes get the best rates and lowest down payments.
Why it matters
Your occupancy decides your rate, down payment, and program options. Stating it honestly keeps your loan sound.
We match your occupancy to the right loan. Apply now and we will find your best terms.
Verify the details for your own situation against these government and agency sources: CFPB Owning a Home guide and HUD homebuyer resources.