Friday, September 16, 2011

Primary Residence for Refinance? - Zillow Mortgage Advice

I am on a temporary contract working overseas and brought my family over for a one-two year experience. We have a friend renting our home for a year, but the home is our intended long-term primary residence. Now rates have dropped and it makes sense for us to refinance the house. What is the definition of primary residence in refinance applications? Is this a grey area, or would it be plain wrong to claim it our home as our primary residence? We are in a short-term rental place now overseas.

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18 hours ago - Seattle

Source: http://www.zillow.com/advice-thread/Primary-Residence-for-Refinance/415667/

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