Occupancy Certificate
Borrower affidavit certifying primary, second home, or investment property occupancy intent in compliance with federal lending standards.
Packaging & Submission Instructions
Originator Guidance: Complete and execute this form prior to upload with the initial loan submission package in the Corva Wholesale Broker Portal or Fannie Mae Desktop Originator.
Ensure all borrower signatures, entity documentation (for LLC or corporate borrowers), and applicable disclosures match the 1003 loan application. For assistance packaging this document, contact the Corva Broker Operations Desk at [email protected].
Form Description & Requirements
Occupancy Classification Guidelines
The Corva Occupancy Certificate establishes legal documentation of the borrower’s intent regarding occupancy of the subject security property. Accurate classification is critical for pricing, underwriting eligibility, and secondary marketing compliance.
Categories of Occupancy
- Primary Residence: Property occupied by the borrower as their principal dwelling within 60 days of closing.
- Second Home / Vacation Property: Occupied by the borrower for personal recreation without commercial rental priority.
- Investment Property: Real estate held strictly for rental income, capital appreciation, or business investment purposes.