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Updated over 6 years ago,

User Stats

35
Posts
6
Votes
Ariel Lisogorsky
Pro Member
  • Waltham , Massachusetts
6
Votes |
35
Posts

Low DP (5%-10%) owner occupied mortgage on rented property?

Ariel Lisogorsky
Pro Member
  • Waltham , Massachusetts
Posted

Hi,

We are looking to rent our current home, buy a new place and use it as our primary residence. I came across a house that has tenants under a lease until April. Will I still be able to qualify for the same mortgage terms I get if I move into an empty house? I intend to move in once vacant.

Your advice is greatly appreciated!

Ariel

  • Ariel Lisogorsky
  • Loading replies...