Northern Arizona University: Can I underwrite a group home from this occupancy page?
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 says group-home eligibility and pricing depend on whether the borrower’s occupancy status is principal residence, second home or investment property. Confirm both the lawful use and the lender’s classification before underwriting.
Sources & verification
- selling-guide.fanniemae.com Independently reviewed primary source
- www.flagstaff.az.gov Independently reviewed primary source
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