CLOSING_PriorPropertyUsageTypeEnumerated

Title

CLOSING_PriorPropertyUsageTypeEnumerated

Description

No Documentation Available

Used By

\LOAN\_APPLICATION\BORROWER\DECLARATION\PriorPropertyUsageType ( PriorPropertyUsageType )

Codes

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.