owner-occupied
Lived in personally
Owner-occupied describes property lived in by its owner rather than rented out to tenants: owner-occupied housing, an owner-occupied duplex.
The term appears frequently in real estate, lending, and tax contexts, where different rules often apply to properties the owner inhabits versus investment properties.
Mortgage rates are typically lower for owner-occupied homes.
Property title holder
- residencePlace one inhabits
- mortgageSecured home loan
- deedWritten property conveyance
- equityImpartial treatment or ownership value
property tax · title · principal residence · domicile · homestead · freehold · residential · single-family
Ownership portion of residence
- appreciationRecognition of worth
- down paymentInitial sum toward purchase
- refinancingReplacing a loan
- property valueMonetary worth of real estate
asset · wealth building · loan-to-value · amortization · principal · escrow · closing costs · assessed value
Sectioning areas by use
- housing policyRules governing residential development
- FHAU.S. mortgage insurance agency
- VA loanGovernment-backed military mortgage
- housing subsidyFinancial aid for shelter
qualification · verification · fraud prevention · underwriting · compliance · HUD · declaration
homeowner
Property title holder
equity · property tax · title · principal residence · domicile · homestead · freehold · residential · single-family · detached
home equity
Ownership portion of residence
- appreciationRecognition of worth
- down paymentInitial sum toward purchase
- refinancingReplacing a loan
property value · asset · wealth building · loan-to-value · amortization · principal · escrow · closing costs · assessed value · market value
zoning
Sectioning areas by use
- housing policyRules governing residential development
- FHAU.S. mortgage insurance agency
- VA loanGovernment-backed military mortgage
housing subsidy · qualification · verification · fraud prevention · underwriting · compliance · HUD · declaration
- housing statushomeowner, renter, tenant, landlord, rented
- demographicspopulation density, population growth, age distribution, population, gender ratio
- property typesapartment, condo, townhouse, studio, duplex
owner-occupiedinvestment property
Real estate bought for income
rental property · buy-to-let · income property · investor-owned · vacation rental
owner, occupied, occupy, owned, owning, ownership, owners, occupies, occupying