re: Renting out property without mortgage holder's consent

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Are you in a new primary residence or are you renting?

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I just finished grad school at LSU and just started job hunting so I likely will be leaving BR but will rent an apartment wherever I land unless in the Lafayette area where I will likely temporarily stay with friends.

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If you are concerned,then you should check into refinancing it as a rental

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can you explain this process to me I am not familiar with it at all? what would I need to do, how much of an increase in monthly payment can I expect, how long would this process take? any info would be helpful

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If you did not purchase the home as owner occupied with your true intent being to turn it into a rental, you did not commit fraud.

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I've lived here for almost 3 years and never intended to rent it but wasn't able to sell it in the need time frame