PriorPropertyUsageType
Type :
CLOSING_PriorPropertyUsageTypeEnumerated
Value
Description
Investment
The purchase of a home for the purpose of generating income by renting the property to tenants.
PrimaryResidence
Residence that the owner physically occupies and uses as his or her home.
SecondaryResidence
A property purchased for occupancy by the owner but is not the primary residence. Usually recreational properties.
Definition
#DOCUMENTATION:08A-150 Enumerated
Parents
\LOAN\_APPLICATION\BORROWER\DECLARATION