NON-PRIMARY RESIDENCE LOAN MODIFICATION
Q: Do I need to live in my house to qualify for mortgage assistance or a loan modification?
A: "It's not necessary for you to live in your house to qualify for loan assistance or a loan modification. However, there are certain programs that the banks have that may be more beneficial for primary residential owners. In other words, if you are in fact living in your house, there may be some better benefits and some better programs available to you, but it's not absolutely necessary. You should, however, contact your banker or qualified professional to be able to get information as to whether or not in your particular situation the bank requires you to live in the home."
A: "It's not necessary for you to live in your house to qualify for loan assistance or a loan modification. However, there are certain programs that the banks have that may be more beneficial for primary residential owners. In other words, if you are in fact living in your house, there may be some better benefits and some better programs available to you, but it's not absolutely necessary. You should, however, contact your banker or qualified professional to be able to get information as to whether or not in your particular situation the bank requires you to live in the home."