Mortgage Loan Application (Rental Investment vs. Primary Res)

[Gabriel Kirkpatrick]

Forgive my ignorance. Is it better to apply as Primary Residence or Rental Investment when financing a property. Would be a homestead property.

*Appreciate any input

[Aaron K.]

If you are living there a primary residence if not an investment.  Primary almost always will give better rates but you can't apply for a primary residence mortgage if you don't plan on living in the property.