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primary residence

The house that the borrower lives in most of the time, as opposed to a secondary or vacation home, or certain investment properties that are rented out to others.

Related information about primary residence:
  1. Primary residence - Wikipedia, the free encyclopedia
    A person's primary residence, or main residence is the dwelling where they usually live, typically a house or an apartment. A person can only have one primary ...
  2. What Is a "Primary" Residence? - Mortgage Professor
    Jan 8, 2001 ... Lenders offer better terms on loans secured by the borrower's primary residence, which is where they live or intend to live most of the time.
  3. Is it a Primary Residence, a Second Home or Investment Property ...
    Apr 23, 2008 ... Seattle area mortgage originator, Rhonda Porter MLO121324 reviews different forms of occupancy for residential property in Washington state.
  4. IRS' definition of Primary Residence...
    Aug 22, 2008 ... Although once I bought the house in CA I did move right into it as my primary residence. It took 8 months to sell my MT home (in Dec of 07).
    Dec 9, 1984 ... A tenant whose apartment has just been converted to cooperative ownership, a foreigner investing in American real estate, a couple selling ...
  6. Mortgage Definition: Primary Residence | Zillow Blog
    Oct 19, 2010 ... Primary residence is important when it comes to getting a loan, FHA loans are designed to be for people who are buying a primary residence.
  7. Primary Residence FAQ section - NYC Rent Guidelines Board
    Aug 10, 2012 ... Does your rent stabilized apartment have to be your primary residence? What constitutes "primary residence"? What kind of notice should I ...
  8. How to Change a Primary Residence |
    How to Change a Primary Residence. Two homes or more can be a luxury, a necessity, an investment, and even more. Regardless of what it is, one home must ...