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THREE TYPES OF OCCUPANCY FOR DETERMINING YOUR MORTGAGE READINESS

THREE TYPES OF OCCUPANCY FOR DETERMINING YOUR MORTGAGE READINESS

 

PRINCIPAL

The principal, or primary, residence is the one that you and your family live in most of the time. It is the address that will be listed on your state and federal tax returns. It can be a single-family home or it can be a duplex, triplex, or quad, with the other units rented out…..

 

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