re: Renting out property without mortgage holder's consent

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Define "cause me harm". I can't predict what WF or any other bank will do.

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I mean as in what kind of repercussions would be expected if found out? pay a penalty, criminal charges, etc.?

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Now, a Lease Purchase Agreement is a whole another ballgame. Banks do not like those. They also don't bond for deeds, or any wrap financing. But again, as long as the loan is getting paid... are they really going to call the loan?

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I meant does doing a lease purchase agreement instead of just collecting a rent check increase the likelihood of the bank finding out through a paper trail or what have you?