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Mortgage Professor about primary residence: | |||||||||||||||||||||||
What Is a "Primary" Residence?
January 8, 2001, revised May 6, 2004 "I understand that lenders penalize you if the house you buy is not your primary residence. My wife's job provides us with an apartment. We want to buy a home to live in on weekends and when we retire. If we will be living in the ... more... Rescinding a Mortgage Refinance 18 October 2004, Revised November 15, 2005 The Right of Rescission Under the Federal Truth in Lending Act, borrowers who refinance a loan on their primary residence with a lender other than their current lender, can cancel the deal at no cost to themselves within 3 days of ... more... |
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primary residence related definitions |
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Vacation Home
Vacation Home Vacation home is a seasonally occupied property that is not the primary residence of the owner. Such residences are usually found in areas with substantial opportunities for recreation or tourist activity. Vacation Home As Investment When market is ... more... Second Home, Vacation Home Second Home Second home is a seasonally occupied property that is not the primary residence of the owner. Such residences are usually found in areas with substantial opportunities for recreation or tourist activity. Second Home As Investment However, when market is ... more... |
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More about primary residence Home Equity Loan A Reverse Mortgage Could Provide a Comfortable Retirement! Construction Loans - Good as an Interim Measure of Financing Construction Activity Investing in Real Estate Like a Stock The Benefits of Fractional Ownership in Private Residence Clubs Bahamas Real Estate Guide to Permits, Residency and More How Mortgages Work in the Primary and Secondary Market Loan Officers & Minimum Wage 5 Love Languages and Those Who Contribute at Home Home Loans and Mortgages Time to Consolidate Loans? William Butler Yeats
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