sample motivation letter to buy a house
mortgage letter of intent sample
3 ways to verify occupancy of a property
letter of intent to occupy property template
sample letter of explanation for buying second home
occupancy letter of explanation
owner-occupied property exampleprimary residence letter of explanation sample

Occupancy fraud requires an intent to deceive. But renting out a property where the mortgage was obtained as an owner-occupied home is not always a crime. A letter of intent to occupy a home assures a mortgage lender that the property will be owner-occupied, which qualifies it for a better interest rate. For example, if a borrower has to relocate because of a job before the year is up and decides to rent the house instead of selling it, there is no intent toThe intent when applying for and receiving the loan is significant. If a buyer tells the lender that they plan to live in a home while knowing that they intend