mortgage rates on 3 families

Categories: Mortgage

Are there special conditions on obtaining mortgages on COO 3 family homes, even if it will be used as a 1 family, and is it normal to charge higher rates on that sort of mortgage? Is anyone aware of lenders who are flexible on that and willing to treat the mortage the same as for a 1-2 family? Are there strategies to get around the COO issue (other than not borrowing)?

By | 04/28/2006 10:02 AM