Business Purpose vs Consumer Purpose Loans: Why It Decides Your Approval
Business purpose vs consumer purpose loans: the use-of-funds test, why lenders care, examples on both sides, and what it means for owner-occupied homes.
INSIGHTS & RESOURCES 3 ARTICLES
OWNER OCCUPIED LOANS ARTICLES
Articles on owner occupied loans from the Loan Goat team.
Short-term bridge financing on the home you live in, with a refinance into a conventional or jumbo loan as the exit. See the owner occupied loans program page for the published terms, or browse every article.
How to Finance a Non-Warrantable Condo
What makes a condo non-warrantable, why conventional lenders decline the building rather than the buyer, and which programs still lend on these units.
VA Loan Options From a Veteran-Owned Lender
VA Elite and the IRRRL streamline refinance explained: published leverage, loan sizes, FICO requirements and where each one fits a veteran's situation.
