Any debt instrument such as a mortgage must be non-recourse, meaning no personal guarantee from you.There are a handful of banks that do this kind of lending.  

I have a full time job as a scientific instrument sales representative, and I am normally on the road at least three days per week.  

A promissory note is the contract between the lender and borrower, it references the transaction and deal terms; the mortgage, or deed of trust, is the security instrument that puts the lien on the property when recorded properly. 

The government by manipulating markets to keep interest rates are creating artificial market bubbles.Subprime was just the instrument for money to circulate into the real estateHedge funds are the new instrument that replaces the subprime.

In its "security Instruments" section, it gives list of mortgage, lien from 2003, 2005, 2006 and latest to 2015.  

I also send cover letters and flyers to every welding school, instrumentation school, and refinery in Kansas, Oklahoma, Texas, Louisiana, Arkansas, Missouri, Mississippi, Illinois, Indiana, Tennessee, Ohio, and Alabama.Amenities:  Washer/dryer and laundry detergent, kitchen with all appliances and utensils, cable tv in every room, wifi, sheets blankets and towels, soap, t.p. paper towels, outdoor grill. 

In states where a mortgage is used as the security instrument for the promissory note they usually call the sale as sheriff’s sale.

Bankers are not there to educate you on how your money can bring in better returns, they are there to make a profit so they will sell you instruments that make them lots of money at your expense.

Occupancy, Preservation, Maintenance and Protection of the Property:Borrower shall occupy, establish, and use the Property as Borrower's principal residence within sixty days after the execution of this Security Instrument (or within sixty days of a later sale or transfer of the Property) and shall continue to occupy the Property as Borrower's principal residence for at least one year after the date of occupancy, unless Lender determines that requirement will cause undue hardship for Borrower, or unless extenuating circumstances exist which are beyond Borrower's control.

It is within 60 days.From my FHA loan:"Borrower shall occupy, establish, and use the Property as Borrower's principal residence within sixty days after the execution of this Security Instrument (or within sixty days of a later sale or transfer of the Property) and shall continue to occupy..."