These occupancy requirements are designed to weed out riskier investors like house flippers, but it’s not clear how banks will enforce the new provision.
Morning Star has the full story.
Some banks are now requiring homeowners to live in their residences during remodeling.
These occupancy requirements are designed to weed out riskier investors like house flippers, but it’s not clear how banks will enforce the new provision.
Morning Star has the full story.