Better yet, text or email me that way you will get an immediate response.
This is why it pays to work with experienced Realtors, we have better resources.
By the way property tax rates don't change regardless of your loan type you'll pay the same amount. What changes is the interest rate and qualifications for an investment property versus primary.
This is a great area, not sure whether you're coming to Duke, UNC, NCState or NCCU, but all of them are great schools. Congratulations.
If you have an Job offer letter, and are putting down 20%, you donâ€™t have to be on the job to actually buy and close the house. You do have to be on your job and provide paystubs before your first payment is due thoughâ€¦ and that is always within two months of when you close. You can also do it w/ a cosigner. You will need some type of job offer though.
Amy Bonis Certified Mortgage Planner
â€œSimply the best in home lending!â€
(919) 414- 4430
This is so interesting because a buyer I'm working with is facing the very same thing. It is nuts, and shouldn't make a difference if you are an owner occupant. The rules for lending change all the time, so it is worth calling some other lenders/banks to find out about the rules. Your note is very discouraging if it turns out to be true. I cannot believe that all the grad students and medical residents will face investment rates.
Good luck, would love to know what you find out.
Vivian Olkin, aka CrazyViv