Buy Using First Time Home Buyer And Then Working Out Of Country

[Asher Knudson]

I have a strange situation that I'm wondering if I can take advantage of.

I'm married to a foreign citizen and I'd like to buy a duplex using a first time home buyer loan but after a few months I plan on leaving the country. Is it possible that my home can still be considered my primary residence if I'm out of country for an extended period of time so that I may rent legally?

[Tim Swierczek]

@Asher Knudson @James Carlson is correct.  If you move out after a few months you would be breaking the covenants (promisses) you make when you sign the Note & Mortgage.  At best what you are describing is a second home, but most likely you would rent it so its not liablity.  Eitherway it would constitute mortgage fraud which is a Felony.