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Occupancy statement - Peachtree Mortgage Services, Inc. 2026

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  1. Click ‘Get Form’ to open the occupancy statement in the editor.
  2. Begin by selecting your occupancy status. Choose between 'Owner Occupied', 'Occupied as Second Home', or 'Investment Property/Will Not Occupy' by checking the appropriate box.
  3. Next, ensure you read the legal acknowledgment regarding false statements. This section emphasizes the importance of accuracy in your declaration.
  4. Proceed to fill in your name as the Borrower and date in the designated fields provided at the bottom of the form.
  5. If applicable, have your Co-borrower fill in their name and date in the corresponding fields.
  6. Once all fields are completed, review your entries for accuracy before saving or submitting your form.

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Verification of Occupancy strengthens investigations to quickly identify areas of potential exposure to mortgage occupancy risk while speeding research time and occupancy verification, fortifying occupancy fraud prevention and lowering investigative costs.
Understanding occupancy of the mortgaged property through an example. Imagine a homeowner who takes out a mortgage loan to purchase a property. As long as the homeowner makes the agreed-upon payments, they retain the right to live in the property, meaning they maintain occupancy.
Property Value: Lenders want to ensure that the property is worth the amount they are lending. If a home inspection reveals docHub issues, the propertys value might be less than the loan amount, which can affect the loan-to-value ratioa key factor in lending decisions.
Occupancy checks offer docHub protection for lenders and investors. When a property is confirmed to be occupied, it reduces the risk of vandalism, theft, and deterioration, which are common issues with vacant properties.
Your lender will typically refund you the excess escrow balance by mailing you a check and notifying you in writing about the status of the account. In some cases, you may not be eligible for an escrow refund if your remaining balance falls below a certain amount.

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