Jason Ingber

She had to be disclosed to at least twice, the initial disclosure, and then they disclose again at closing.

You saw this.

You signed additional paperwork saying you were going to live in the house.

That was your intent to live in the house, and you agreed that you were going to live there for a year.

Now, the other thing that I don't understand because I haven't really seen this, and this seems like something that everybody seems to miss is

What is the main reason?

Not the interest rate.

Everybody says the interest rate.

What is the main reason why someone says, I plan on owner occupying this property?

Most, not what the, what CNN and all these news stations are saying was, oh, it's a slight better, slightly better interest rate.

But the truth is, based on her income, is that if I say I'm going to owner occupy a property,

I can get a conventional loan and put down 5%.

So let's say the house is worth $100,000.

I can put five grand down.

If it's an investment property, I have to put down a minimum of 20% on a conventional loan.

So most likely, it wasn't just the slightly better interest rate that ended up over the life of the loan.

She would have saved $18,000.

It's $18,000 plus it's an extra $15,000 or $20,000 or $30,000, whatever that extra $15,000.

She gets to keep in her pocket, and she gets a better interest rate.

You know what?