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Be accurate about who will live in the home

Eric warns against claiming a property will be your primary residence simply to obtain different financing. The occupancy information you provide must reflect the actual plan and the applicable loan requirements.

By Eric Hamilton · Published October 6, 2026

Originally uploaded August 30, 2025 · 1:51 · Watch on YouTube

Written companion added October 6, 2026. Adapted from Eric’s video captions with source checks; not a word for word transcript. The recording retains its original date.

Read the commitment you are making

Primary-residence financing can include requirements about moving in and continued occupancy. Review your actual documents, including any exceptions, with the lender before signing. Knowingly false statements can have serious consequences; advice from an agent or an online video does not make false information acceptable.

Distinguish an honest change from a false plan

An unexpected life change is not automatically proof that the original application was fraudulent. If circumstances change, explain them and ask how the loan terms apply. Do not assume that every mortgage uses identical occupancy provisions.

Ask about documented family-housing exceptions

Fannie Mae permits specified owner-occupancy treatment in certain cases involving housing for parents or adult children with disabilities who cannot qualify under the stated conditions. These are defined policy exceptions, not permission to misstate who will live there.

What if someone tells me to claim occupancy I do not intend?

Give the lender the truthful plan and ask for an eligible financing option before signing.

Sources and scope

Published August 30, 2025. The video’s client incidents are not independently verified; this companion does not determine legal liability in an individual case.

  1. Fannie Mae: Occupancy types Accessed October 6, 2026
  2. FBI: Mortgage fraud and false loan application information Accessed October 6, 2026

General education, not a loan quote, approval or an individual recommendation. Ask the appropriate professional about your situation.

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