Put simply, your primary residence is your home. A person can only have one primary residence at a time, but they may share one with other people.
Primary residences are considered as legal residences for income tax purposes and/or when acquiring a mortgage. There are several options when it comes to primary residence loans, and Supreme Lending Houston can help you navigate them. If you’re ready, call us today to get started on your primary home loan process.
*Supreme Lending is not a licensed CPA or Tax consultant and therefore, cannot determine if your mortgage interest will be eligible as a tax deduction per IRS code. You are advised to contact a tax professional. This in no way implies you are guaranteed a tax credit.