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Updated almost 4 years ago,

Seema Jain's profile image
Seema Jain's profile image
Seema Jain
  • Member since Apr 2, 2021
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Seema Jain's profile image
Seema Jain's profile image
Seema Jain
  • Member since Apr 2, 2021
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Seema Jain
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Mortgage Brokers & Lenders

Treating SFR with ADU for Lending purpose

Seema Jain
Posted

I have a client, owns SFR with ADU. He rents the SFR and lives in ADU- having same address and all utilities are in one. Do we treat this property is Owner occupied or Investment for lending purpose on Jumbo products? Client don't need rental income to qualify, does report rental income on tax returns.

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