Can I get a residential loan and then do vacation rental?

[Matt Smith]

I am planning to buy a single family home in California. It is special because it has a vacation license in that city. However, I want to buy it with a residential loan and not a commercial loan (better rates and terms!). It is currently listed on VRBO with the seller so it is visible that it is a vacation renta to any bank. Can I buy it with a residential loan even though I would use it to do vacation rental (Airbnb/VRBO)? Or, I would need first rent it or live in it before I do vacation rental? If so for how long?