A couple quick reminders:
60 Day Rent-Backs are almost always allowed. Owner-occupant buyers must take possession of a property within 60 days, or they will not be allowed to garner superior owner-occupied financing terms.
Owner-occupancy ratios in condo complexes are irrelevant if a borrower is buying as an owner occupant; ratios can be well under 50%. If a buyer is an investor, the owner-occupancy ratio needs to be over 50% in most cases.
Founder/Broker | JVM Lending
(855) 855-4491 | DRE# 01524255, NMLS# 335646