Lower Mortgage Rate for house hacking?

[Jacqui Myers]

I recently bought my first home that has an ADU we plan to rent out. I have heard that if you live in one unit and rent out another, you may be eligible for a lower interest rate. Is this in fact true? Are there any stipulations? Thank you in advance!

[Dave Skow]

@Jacqui Myers- if you are able to  live  in a property  as your primary residence - the  mortgage rates  avaiable  will be lower / better  than if you need  to classify it as a rental  property