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Updated almost 6 years ago,
Residential mortgage for a property with two buildings?
Hello All,
Just looking for clarification. If you have a property with two buildings on it and one is a single family and one is a three family, does it still only count as four units and thus qualify for a residential mortgage? I was thinking that since it is four units then it qualifies as residential, but I didn't know if there were other rules that would be disqualify the property because of the two separate houses.
Thanks,
Mat