Why do we need the Term Non-Owner Occupied Loans? (Real Estate - Apartments, Houses for Rent)

Item ID 14459690 in Category: Real Estate - Apartments, Houses for Rent

Why do we need the Term Non-Owner Occupied Loans?

Real estate lenders need to accurately classify property to determine the interest rates they will charge to borrowers and ensure that they are compensated for the risk they take when lending money to purchase it. A mortgage on a property that is not owned by the owner might have a higher interest rate than one on an owner-occupied home. Because non-owner occupied property borrowers are more likely to default on mortgages.

Contact Us-
5332 South Sabrina, Mesa AZ 85212, United States
Email: Info@USAPrivateMoney.com
Phone: 480-660-4-(872)
Website:- https://usaprivatemoney.com/

Related Link: Click here to visit item owner's website (0 hit)

Target State: All States
Target City : All Cities
Last Update : Oct 24, 2021 9:20 AM
Number of Views: 36
Item  Owner  : usaprivatemoney
Contact Email:
Contact Phone: 4806604872

Friendly reminder: Click here to read some tips.
 © 2022 Hot-Web-Ads.com
2022-01-25 (0.266 sec)