Northern Arizona University: Does intended occupancy change the loan choice?
DIRECT ANSWER
Original source observation: October 16, 2026. Primary-source review: October 17, 2026. Confirm current dates, costs, eligibility and availability with the linked publisher. Campus facts and general planning guidance do not determine an individual property's lawful use, employment benefits or mortgage eligibility. Fannie Mae guidance applies within its own program scope; other programs and actual loan documents require lender review.
Fannie Mae separates principal residence, second home and investment-property occupancy. State your real intent to the lender and do not select an occupancy category based only on a hoped-for future rental plan.
Sources & verification
- selling-guide.fanniemae.com Independently reviewed primary source
What else would you like to know?
Ask a question to get the answer first. CH2 opens a tool or broader page directly only when you ask to use or view it.