Our customers came in to apply to purchase a house for Mom to live in- with Son as guarantor - would be her principle residence. Then they withdrew because her divorce wasn't final yet.
Next, son asks us to do it in his name only as investment property. We again approve. Then they call and say nevermind.
Trying to decide if should log once or twice? same house, but two loan committee, board approvals.
If log once is it investment or owner occupied so then would think maybe need to do both - both as approved not accepted.
BUt it is only one house? Help please- its Friday and I'm tired. Thanks.