Mortgage Brokers & Lenders
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago,
12 month min on occupied duplex loan
I bought a duplex and the loan is for an owner occupied property. Unfortunately work is taking me away from living in the unit for the 12 month minimum requirement. What is the repercussion if I get caught? Is anyone really checking on this?