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Updated almost 4 years ago on . Most recent reply

Jack Landry's profile image
Jack Landry's profile image
Jack Landry
  • Rental Property Investor
  • from Jupiter, FL
  • Member since Oct 6, 2020
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Jack Landry's profile image
Jack Landry's profile image
Jack Landry
  • Rental Property Investor
  • from Jupiter, FL
  • Member since Oct 6, 2020
Connect
Jack Landry
  • Rental Property Investor
  • Jupiter, FL
10
Votes |
12
Posts
Private Lending & Conventional Mortgage Advice

Owner-Occupied Loan Limitations

Jack Landry
  • Rental Property Investor
  • Jupiter, FL
Posted

Hi all, I am looking for some information regarding owner-occupied loans.  

Situation: 

I purchase a property in state A with low-money down owner-occupied conventional.

I decide to move to a new state, state B (because my job is remote).  Can I now purchase a property in state B with an owner-occupied loan if I decide to make this my new residence?

What are the contingencies, restrictions, legalities here?

Thanks in advance.

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