How is the owner to renter ratio reported for the purposes of establishing FHA certification to qualify for a mortgage in New Jersey.
Do they take the HOAs word on the accounting? Use public records? I know a number of units in my HOA are renter occupied, but public records (property tax) indicate the owner lives there.
I'm not going to bother asking my HOA. It's not that important to me right now, but will be in the future. It is doubtful they will respond and if they do, might even lie.