Keyholder Refi checklist
Questions to ask a lender
Plain answer
Ask how the lender will classify the property and count its income before you apply.
Last reviewed against the primary sources listed below.
Classification
- Will you treat this as a second home or an investment property?
Income
- How will you count the rental income?
- Which documents do you need?
Limits
- What cash-out and reserve rules apply?
How to use the answers
Enter the lender's method into the rental income worksheet.