Occupancy status matters to mortgage lenders because it directly affects the loan’s risk level. Owner-occupied homes are less likely to go into default than investment properties, making the home.
Fha Maximum Loan Fha Housing Ratios Cons Doesn’t offer home equity loans or HELOCs. If you’re a “look me in the eye” type of customer, you’re out of luck. Doesn’t consider alternative credit data. It just looks at credit scores and debt.Getting A Hud Loan The FHA mortgage insured fixed rate loan has a term of 27-years and. are focused on providing care to help people stay healthy instead of waiting until they get sick. With the prevalence of.