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re: Is it possible to refinance a mortage for current home to make it a rental
Posted on 10/20/16 at 1:10 pm to GFunk
Posted on 10/20/16 at 1:10 pm to GFunk
quote:
GFunk
The first page of my loan application says that the Property will be an investment. I never withheld any information from anyone involved in the process. As far as I know, I have no potential risk here for anything, but I guess I could be wrong.
Feel free to enlighten me, since you think I'm at risk here.
This post was edited on 10/20/16 at 1:17 pm
Posted on 10/20/16 at 1:22 pm to TigerRob20
quote:
TigerRob20
quote:
The first page of my loan application says that the Property will be an investment. I never withheld any information from anyone involved in the process. As far as I know, I have no potential risk here for anything, but I guess I could be wrong.
Feel free to enlighten me, since you think I'm at risk here.
Hey Rob, my apologies. I obviously misinterpreted your reply. I thought you were saying that you indicated it was an Owner Occupied property and the Loan Officer/Lender knew that you weren't going to occupy it as your Primary Residence.
No worries
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