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re: Renting out property without mortgage holder's consent

Posted on 6/30/14 at 9:34 am to
Posted by bobaftt1212
Hills of TN
Member since Mar 2013
1317 posts
Posted on 6/30/14 at 9:34 am to
Worst case scenario they would call your loan and give you 7 days to pay up. If you have a lot of equity in the property that could be bad. If you don't have much equity it isn't much of a threat.
Posted by GeeOH
Louisiana
Member since Dec 2013
13376 posts
Posted on 6/30/14 at 10:15 am to
Just fricking lease it and pay your mortgage! Geez. If they find out, they will contact you and worry about it then. Also, make the remnant buy renters insurance for any small claims bs.

Trust us on this, wells Fargo coukdnt give a frick less about you if you are paying.

When someone drives your car, do you call the agent and ask if that person is covered? NO

You are overthinking!
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