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#1750807 - 10/19/12 05:11 PM Quadraplex Plus other properties
SouthoftheBorder Offline
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Joined: Feb 2002
Posts: 335
The South
Our loan is a refinance and multiple rental properties are collateral. For Geo-coding we have selected one property which as it turns out is a quadraplex with each unit having its own street number. In the Owner-Occupancy field would I report this as 2.-not owner-occupied (rental) or 3.- Not applicable (multi-family)?
Thanks

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#1750808 - 10/19/12 05:16 PM Re: Quadraplex Plus other properties SouthoftheBorder
raitchjay Online
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Joined: Oct 2009
Posts: 9,105
OK
Not owner-occupied. Multi-family refers to more than 4 units and a quadriplex has 4 units, making it a 1-4.
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#1750811 - 10/19/12 05:23 PM Re: Quadraplex Plus other properties raitchjay
SouthoftheBorder Offline
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Joined: Feb 2002
Posts: 335
The South
I was over thinking - thanks

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#1750815 - 10/19/12 05:26 PM Re: Quadraplex Plus other properties SouthoftheBorder
raitchjay Online
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Joined: Oct 2009
Posts: 9,105
OK
I can relate. No problem.
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