FAQ – Can I have more than one Primary Residence?

FAQ – Can I have more than one Primary Residence?

There essentially two reasons why a person might be eligible for financing on more than one primary residence and they are described in the chart below. Additionally, under certain circumstances FnMa will permit a borrower to purchase a principal residence even before they have sold an existing principal residence. Due to the complexity of these permissions it is best to speak with a licensed mortgage loan officer before committing to an Offer to Purchase.

Since relocating from Northern Michigan in 2007 I have lived in Garner (27529) with my wife Melanie and our four children. With personal production of 8MM in real estate sales across Southern Wake County I am considered to be a local market expert in the following communities: Garner (27529), Fuquay-Varina (27526), Holly-Springs (27540), Apex (27502), and Raleigh (27603, 27604, 27606, 27609, 27610)) which spans from downtown Raleigh to Willow Spring including Lake Wheeler. Call or email me, I’m here to help! Ricardo Cobos (919) 526-0183