Profile picture for newrealitybiz

How do I get a Non Owner Occupied pre approval letter?

My wife and I just recently bought a home, This home is not going to be flipped, In order to invest in property that is to be flipped will this Nonowner Occupied approval be avaliable to us?
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
January 04 2009 - Rosemont
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (1)

Apply with a lender and let them know that you are purchasing a home for investment purposes or to be rented out.  That simple. Keep in mind the rate / points will be higher as these loans are considered to be more risky, down payment may be higher as well.  Many lenders no longer offer non-owner jumbo mortgages.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
January 04 2009
 
Related Questions
How do I get a Non Owner Occupied pre approval letter?
Profile picture for The Reese Team
Latest answer by The Reese Team
January 04 2009 | 1 answers
  • Asked by newrealitybiz
  • In Investing
  • January 04 2009
Mortgage Rates
 
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 4401 Prairie Ct, Orlando, FL Home For Sale
    4401 Prairie Ct, Orlando, FL 32808

     For Sale: $50,000

    • Beds: 2
    • Sqft: 960
    • Baths: 2.0
    • Lot: --
  2. 3893 N Lake Orlando Pkwy, Orlando, FL Home For Sale
    3893 N Lake Orlando Pkwy, Orlando, FL 32808

     For Sale: $185,000

    • Beds: 3
    • Sqft: 2866
    • Baths: 2.0
    • Lot: 15681
  3. 5276 Gold Tree Ct, Orlando, FL Home For Sale
    5276 Gold Tree Ct, Orlando, FL 32808

     For Sale: $72,000

    • Beds: 3
    • Sqft: 1232
    • Baths: 2.0
    • Lot: --