M&T’s Guide for SONYMA Loans - StudioLabs 2018
First-time Home buyer: A first-time Homebuyer is a person who has not had ownership interest in a primary residence within the past three years and, as of the application date, does not own an investment property or a second home. Interest in a co-op, life estate or property held in trust will constitute ownership interest. Time-shares will not constitute ownership if no ... ................
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