The 3 Types of Occupancy (and Why It Matters More Than You Think)

One of the most common points of confusion I see with buyers is occupancy. In simple terms, it’s how you plan to use the home you’re buying. Seems straightforward…until it isn’t. There are three main types of occupancy in mortgage lending: primary residence, second home, and investment property. Each one comes with different rules, different pricing, and different expectations from the lender.…