Buying a Home Shortly After Refinancing

This article shall serve as an informational piece as well as a fair warning.   Answer this: Why would I would have just categorized and closed an Arizona refinance for a dear client of mine as an investment refi when they 100% absolutely occupy the home that we refinanced as their primary residence? The simple answer is that occupancy AND occupancy intent are hot buttons in the mortgage industry right now.  My client stated clearly in our initial interview that he will be turning this … [Read more...]